The President plans to raise military spending to $343 billion a year in fiscal year 1986, from $162 billion a year in fiscal 1981. In that earlier article, I contended that, ranked in descending order of their probability, this increase in military spending would severely weaken this country's high-technology civilian industries as materials, equipment and skilled personnel are moved from civilian to military pursuits; produce shortages of materials, equipment and skilled personnel that will create ''bottleneck'' inflation in the sectors where the shortages occur, and stimulate general excess demand inflation in the rest of the economy just as it did during the Vietnam War.
Severe drought, stock speculation, and a banking crisis in
the late 1920s lead to the Great Depression. The Great Depression was a severe
global economic depression which began in the United States. It started after
the stock market crash of October 1929 and lasted until about 1939.
H. Americans had to find new ways to meet their needs for cloth.
Answer:
boosted economies and allowed an exchange of traditions and ideas. ... Mexico and west of south america It gave them a place to settle down and increase their population. They were granted food and could adapt to their surroundings.
Explanation:
