NAFTA - North American Free Trade Agreement created a larger scope of free trade covering United States, Canada and Mexico.
Explanation:
Major positive impact of this agreement is that it tripled the trade profits of Canada, Mexico and United states. It also removed tariffs which weer considered to be the international barriers. It increased the economic output which resulted in economic growth up to 0.5 % every year. Also Foreign investments are attracted. US oil imports from mexico was considered to be beneficial as there were no tariffs imposed by US. This had a major impact on the economy.
The transportation costs lowered due to low gas price and the food prices were also marginalized. Each nation's government contracts became available to the major suppliers which increased competition and lowered the costs.
The negative impacts are, this agreement favored import and export industry but many labor oriented industries suffered a lot which included manufacturing, textile and electronic appliances due to which many started to migrate. The companies started to reduce their wages if they refused to work for them.
NAFTA agreement totally eliminated in doing good to the farmers. It subsidized the farm products and the farmers could not make profits due to the lower farm prices which forced them to search for many other illegal jobs. They plunged into poverty and starvation.
The next impact is the degradation of the environment in Mexico. Farmers used many chemicals and pesticides to increase the production at that short period of time which resulted in unhealthy foods and deforestation resulted in global warming. No safety standard followed by the Mexican truck transport.
"Initially a war between various Protestant and Catholic states in the fragmented Holy Roman Empire, it gradually developed into a more general conflict involving most of the great powers. These states employed relatively large mercenary armies, and the war became less about religion and more of a continuation of the France-Habsburg rivalry for European political pre-eminence. In the 17th century, religious beliefs and practices were a much larger influence on an average European than they are today. During that era, almost everyone was vested on one side of the dispute or another, which was also closely tied to people's ethnicities and loyalties, as religious beliefs affected ideas of the legitimacy of the political status of rulers. The war began when the newly elected Holy Roman Emperor, Ferdinand II, tried to impose religious uniformity on his domains, forcing Roman Catholicism on its peoples. The northern Protestant states, angered by the violation of their rights to choose that had been granted in the Peace of Augsburg, banded together to form the Protestant Union. Ferdinand II was a devout Roman Catholic and relatively intolerant when compared to his predecessor, Rudolf II. His policies were considered strongly pro-Catholic."
Yes because I love animals even if I had a pet shark I would be sad
1) WWI
2) The Russian revolution with the rise of communism
3) The great depression
4) The holocaust
5) The begining of the Nuclear age
