<span>isolationism in world affairs </span>
By the Treaty of Paris (signed Dec. 10, 1898), Spain renounced all claim to Cuba, ceded Guam and Puerto Rico to the United States, and transferred sovereignty over the Philippines to the United States for $20 million. The Spanish-American War was an important turning point in the history of both antagonists.May 14, 2010
<u>Positive Economists'</u> purpose is to create an explanation of a certain economic phenomena.
These economists use statistics in order to find out the aggregate behavior of the people because of a certain economic decisions. From this, they can developed an understanding to explain the economic phenomena.
<u>The normative economists' </u>purpose is to find out whether a certain economic decision achieve its original purpose.
They used statistic as a quantitative measurements. They determine the goals of a certain economic policy and They compared the statistic before the economic policy was implemented to the condition after the implementation .
This will help them know whether the policy achieve its original goals.
For example. if a certain policy was created to reduce unemployment, normative economists will compare the data/statistic about the number of employment before and after the policy.
The factors which lead to the rise of feudalism was the fact that people couldn't protect themselves and needed land where they could be safe considering the fact that a single peasant didn't have enough capabilities to defend himself. This lead to the fact that these peasants had to give food and goods to their lord with his army.
