Tuesday, October 30, 2012

Quarter 2 Project, part 1

Occupation of the Ruhr
 
Brief History:
     All of us are increasing the demand of steel and iron based products by incorporated them into our daily lives such as automobiles, steel buildings, railroads, and farm machinery. A greater amount of mineral resources has been used since 1910 than in all the recorded history in the world. The iron industry is confined into three main groups: United States, England, and Germany as well as France. They all have an essential part of the industry to bring to the table. The United States has the high-grade iron ore around Lake Superior and use of the great lakes for cheap transportation. Also there is abundance of coking coal and its in the vicinity of the consumers. England has low-grad iron from several districts which also have access to coking coal. And France and Germany have raw materials  and coal fields. These units are located closer to the coking coal and consumers rather than the iron ore deposits, which are imported from Sweden, northern Spain, and North Africa.
Problems Surrounding my Topic:
    Competition among the primary units for raw materials and markets, economic and political pressure because of the need for raw materials and markets, and struggle for control. An example would be the Franco-German unit.
Impacts of my Topic:
    It impacts the economics of both France and Germany. Also affecting the industry negatively by complicating production.
My Interest in this Topic:
    I'm interested in this topic because my dad is in the steel business, and their sister business is located in Germany. I want to learn more about it and really explore this topic to get a better understanding.
Long Term Impacts:
   There would be economic impact in the industry and cause further issues. Also the political issues go hand in hand. A primary unit will probably be lost.
Why isn't it Solved?
     Its not solved because of they both want to be self sustaining units.