<span>Foreign investors owned a greater amount US stocks, bonds, and factories than investors in the US owned of assets in foreign markets.
In 1985, the <em>New York Times</em> reported, "U.S. Turns into Debtor Nation," because a Commerce Department report showed the US "owing foreigners more then they owe it." By that they meant that "foreign ownership of American factories, real estate, stocks and bonds exceeded American ownership of foreign assets."
However, there's another way to look at this picture than the "debtor nation" label. The Heritage Foundation (a conservative group) noted in 1985 that having foreign investors pursuing assets in the United States indicated strong confidence by those investors in </span><span>the </span>American<span> economy. You invest in a country's assets because you think those assets will grow in value. So, becoming a "debtor nation" can be viewed as a sign of economic health in the eyes of the rest of the world.</span>
Answer:
a)the Erie canal
Explanation:
From the provided information in the question, it is "the Erie Canal" that fits that information perfectly. As Erie Canal is a Milestone in U.S. Transportation, with a 363 miles long. The construction started in 1817 and got completed in 1825.
It connected the Great Lakes region with the Atlantic coast and improved transportation into the interior of the United States.
It also lowered the cost of transporting goods by ninety percent
It also made New York more populous and became the urban Empire State.
Hello!
A.Persian Gulf War: a foreign triumph during the Bush administration
B. Bill Clinton :governor from Arkansas who became president
C. George H.W. Bush : a two-term vice president and a one-term president
D. Savings and Loan: a domestic crisis during the Bush administration
E. Dan Quayle: senator from Indiana who became vice president
or:
a.5
b.1
c.2
d.4
e.3
Hope this helps!
