Here are the reasons how US <span>foreign policy can affect the average US citizen:
1) Globalization affects US domestic life. Everything that happens overseas affects citizen's life. The best example is European crisis.
2) All decisions in foreign policies have the consequences. The war in Iraq increased the national debt and interest payments.
3) US unique place in history. US government systematically invests in new technologies and competes with foreign countries. This competition is very important to develop their education and infrastructure.</span>
In general, it was the local and state governments that enforced these laws during this time, since the federal government lacked practically all powers to intervene in the states' affairs.
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Explanation:
4. <span>Formal </span><u>adoption</u> of the Declaration of Independence in 1776 by <span>Continental Congress.</span>
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Explanation:
Bear Stearns was a well known global investment bank that collapsed during the subprime mortgage crisis in 2008 when nervous investors pulled assets from the firm and was bailed out in April 2008.The Federal Reserve moved to assist by providing a $25 billion loan to Bear Stearns collateralize by JPMorgan, the Government bail out Bear Stearns because of the devastating damage to the economy if the firm were allowed to go bankrupt and the shattered confidence in financial markets that it would create in the financial securities trading firms in the world.
