A developing country is :
"<span>a country having a standard of living or level of industrial production well below that possible with financial or technical aid."</span>
The correct answer is B.
Milton Friedman (1912 - 2006) was an economist who received the 1976 Nobel Prize in Economics for his studies in consumption analysis, monetary history and complex theories related to stabilization, including goverment intervention policies.
Presidents such as Hoover or Coolidge, who had governed in the decade before the Great Depression, supported laisez-faire economic measures, that consisted on free functioning of the markets with minimum goverment interventionism. Markets alone, would produce the most efficent outcomes, according to his viewpoint. Therefore, the policies introduced by these governments, involved minimum government regulation of the economic activity by the goverment.
<u>This is why Friedman, such as many others, claimed for alternative policies which involved goverment intervention for stabilization purpouses, using the mechanisms of the fiscal policy.</u> Subsequent goverments did apply such measures, being the best example the New Deal, based on Keynesian economics and implemented by President Roosevelt. The New Deal aimed to create job positions for the large unemployed sectors of the US population, by increasing public expenditure (one of the variables of the fiscal policy) in public works and hence, creating employment to undertake those works.
Answer:
Korea (both north and south), Taiwan and, Hong Kong :) (hope this helped
Explanation:
Basically the reason why Vietnam won because the Vietnamese wanted to win more than the Americans did. There were a couple of reasons for this. First, the Americans were an invading force, and the Vietnamese were fighting on their own soil. Second, the Americans were not willing to make an all-out commitment to win.
Answer: An ecumenical council is a conference of ecclesiastical dignitaries and theological experts convened to discuss and settle matters of Church doctrine and practice in which those entitled to vote are convoked from the whole world and which secures the approbation of the whole Church.
