The correct answer is "inflation". During the Great Inflation of the 1970s the stock market lost 40% in an 18-month period. Economic growth was at one of its lowest points which caused that unemployment reached two digits in the United States. This was a consequence of the easy-money policies of the American central bank, designed to generate full employment but resulting in generating inflation.
You would use the Equal Area Projection because it more accurately shows the size of landmasses. In the Mercator Projection While border shape is well preserved in an elegant flat map the stretching of the image done in order to preserve this distorts the map by making it appear as if Greenland is almost the same size as south america even though in reality Greenland is much smaller.
Soviet Union is communist and they are against free market or capitalism
Simply the Age of Enlightenment inspired the American Revolution that sparked the creation of the American Government.
European politics, philosophy, science and communications were radically reoriented during the course of the “long 18th century” (1685-1815) as part of a movement referred to by its participants as the Age of Reason, or simply the Enlightenment.
Enlightenment philosophers John Locke, Charles Montesquieu, and Jean-Jacques Rousseau all developed theories of government in which some or even all the people would govern. These thinkers had a profound effect on the American and French revolutions and the democratic governments that they produced.
The ideas of the French Enlightenment philosophes strongly influenced the American revolutionaries. French intellectuals met in salons like this one to exchange ideas and define their ideals such as liberty, equality, and justice.
A major difference between socialism and capitalism resides in how likely meritocracy is to flourish .
Socialism, in its rightest essence, would ensure that every individual within society enjoyed the same opportunities at the core (quality health, food, education). Naturally, some of these subjects would thrive more than others and therefore be promoted by society to hold higher levels of responsability and reward.
However, the lesser gifted would never be at a disadvantage. They could still count on standard quality support by the same society and equal opportunity for their offspring to pursue their own ambitions.
On the contrary, capitalism creates a societal gap by supporting inherited advantage. In summary, a capitalist society provides better core opportunities for a group of citizens and their offspring regardless of their innate ambitions. The disadvataged group and their offspring then receive a less than standard core support which predisposes them for hardship in the pursue of societal reward.
