The primary function of Congress is to pass rules that all Americans must obey, a function called lawmaking.
“The M.A.I.N. causes of World War I were Militarism, secret Alliances, Imperialism and Nationalism. The driving force was nationalism. ... The igniting incident of the “Great War” was the assassination of the Archduke Franz Ferdinand, heir to the Austro-Hungarian Empire, in Bosnia by a Serbian nationalist.
<u>The correct answers are the following:</u>
- showing the relative strength of different nations’ currencies.
- examining spending patterns across nations and continents.
The exchange rate provides the amount of one currency that has to be provided (price) in order to obtain one unit of a different currency.
Exchange rates are mostly fixed by the forces of supply and demand, hence, depending on consumer needs and preferences and of their relative abudance or scarcity. Threfore, <u>the final exchange rate (price) reached in the market shows the strength of a currency against a foreign one. </u>
Moreover, demand and supply of currencies arise due to international commercial activities that require traders to exchange their money into a different currencies if they want to purchase/sell abroad. Therefore, <u>exchange rates (prices) reached are also dependent on spending patterns in the different countries, </u>more specifically on the streams of exports and imports.
A. ConflictConflict theory<span> views social life as a competition and focuses on the distribution of resources, power, and the resulting inequality. </span>Conflict theorists<span> view society as an arena of inequality that generates social </span>conflict<span> and social change. </span>
<span>It holds that, because of competition for limited resources, social order is maintained by domination and power</span>