The President plans to raise military spending to $343 billion a year in fiscal year 1986, from $162 billion a year in fiscal 1981. In that earlier article, I contended that, ranked in descending order of their probability, this increase in military spending would severely weaken this country's high-technology civilian industries as materials, equipment and skilled personnel are moved from civilian to military pursuits; produce shortages of materials, equipment and skilled personnel that will create ''bottleneck'' inflation in the sectors where the shortages occur, and stimulate general excess demand inflation in the rest of the economy just as it did during the Vietnam War.
Answer:
Explanation:In general, economic growth occurs as a result of increases in the production of goods and services. Increased consumer spending, increased international trade, and businesses that increase their investment in capital spending can all impact the level of production of goods and services in an economy.
For example, as consumers buy more homes, home construction and contractors see increases in revenue. As companies invest in their businesses in order to expand their products and services, they hire more employees and increase salaries or wages. All of this activity leads to economic growth, which can be measured by gross domestic product (GDP)—the total monetary or market value of all the finished goods and services produced within a country's borders in a given period.
The gilded age was right after the Great Depression , the gilded age was a time to celebrate after such hard times during the Great Depression. Which then led to the progressive era
Answer:The Americans’ victory over the British may have been the single greatest impact on the French Revolution. The French people saw that a revolt could be successful even against a major military power and lasting change was possible. Many experts argue that this gave them the motivation to rebel.
Explanation: While the French Revolution was a complex conflict with numerous triggers and causes, the American Revolution set the stage for an effective uprising that the French had observed firsthand. There were similar causes for both revolutions.
