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Usimov [2.4K]
3 years ago
6

Why did the middle colonies have such a diverse European population

History
1 answer:
TiliK225 [7]3 years ago
4 0
This is the case because the Middle Colonies would withhold policies in which granted religious toleration between certain sects and was more diverse religiously compared to the other colonies. From the Quakers and Lutherans to the Jews and many other religious groups. 
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Economic engagement with the rest of the world has played a key part in the U.S. economic revival. Our relatively open borders, which permit most foreign goods to come in with a zero or low tariff, have helped keep inflation in check, allowing the Federal Reserve to let the good times roll without hiking up interest rates as quickly as it might otherwise have done. Indeed, the influx of funds from abroad during the Asian financial crisis kept interest rates low and thereby encouraged a continued boom in investment and consumption, which more than offset any decline in American exports to Asia. Even so, during the 1990s, exports accounted for almost a quarter of the growth of output (though just 12 percent of U.S. gross domestic product at the end of the decade).

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