Ways in which romanticism become a new cultural movement

 

1. In what ways did romanticism become a new cultural movement and an important ideology?

2. Discuss the various causes for the rise of imperialism during this period. For both Western and non-Western peoples, what consequences flowed from imperialism?

 

Sample Solution

Though influenced by other artistic and intellectual movements, the ideologies and events of the French Revolution created the primary context from which both Romanticism and the Counter-Enlightenment emerged. Upholding the ideals of the Revolution, Romanticism was a revolt against the aristocratic social and political norms of the Age of Enlightenment and also a reaction against the scientific rationalization of nature. Romanticism elevated the achievements of what it perceived as heroic individualists and artists, whose pioneering examples would elevate society. It also legitimized the individual imagination as a critical authority, which permitted freedom from classical notions of form in art.

The commercials launched Diller’s career and made the bank famous.In 166, City National offered the first Visa credit Card outside of California.It also created the first drive-up bank, and was one of the first banks to use ATM’s.Later, McCoy formed a holding company called First Bank Group of Ohio, which became Banc One in 17.As soon as interstate barriers collapsed, the bank moved into India, Kentucky, Michigan, and Wisconsin.

 

John B. McCoy, third generation of the banking family, became CEO in 184.During his reign, the bank acquired over 100 banks in the Midwest.The bank also bought over twenty failed banks and expanded into Texas in 18.In 11, the bank moved into Illinois.The bank entered a development alliance with Banco Nacional de Mexico in 1.The number three bank in Louisiana, Premier Bancorp, was purchased in 16.A year later, it added Liberty Bancorp, based in Oklahoma City.With the purchase of First USA in 17, Banc One became the third largest credit card issuer behind Citicorp and MBNA.

 

Bank One formed after a $ billion merger in 18 between Banc One of Columbus, OH and First Chicago NBD.The combined Bank One was 40% owned y First Chicago stockholders and 60% owned by Banc One, to become the fifth largest bank in the nation. (Later dropping to sixth)

 

In 11, Banc One’s annual report announced the slogan “Building share-holder value by sticking to the nuts and bolts”, with a focus on having a good understanding of the ‘nuts and bolts’ of the business.The strategy developed was straightforward and simple to continue the success of the organization.The 1 annual report, almost identical to the prior year, cited three basic strategies

 

Serving retail and middle market customers through community banks, with operation on local autonomy, plus a strong central financial and credit controls

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