Answer: Grant signed the legislation on this day in 1871. After the act’s passage, the president for the first time had the power to suppress state disorders on his own initiative and suspend the right of habeas corpus. Grant did not hesitate to use this authority.
Explanation:
The bill passing in both houses, is second in the lawmaking process.
Explanation:
About 25,000 bills are introduced in every term of Congress, however solely ten p.c become law. These are the steps within the law-making method. A bill could begin in either the House or the Senate apart from cash bills, that should be introduced within the House.
According to the question, Some negative effects of urbanization include the following.
- Crime
- Lack of Clean Water
- Fire
Urbanization brings about crime because it leads to less possibility of arrests and the less probability of recognition of crime suspect because families are less intact in urban areas.
Also the time of crimes committed in urban areas significantly differs from that in rural areas. some of the crimes include property thefts, automobile thefts, pick pocketing, cheating etc.
The process of rapid urbanization can bring about imbalance between water supply and demand and lead to higher likelihood of water shortage conditions.
With the spring up of factories and industries, natural water is polluted and hence there is lack of good water for human use.
Urban areas are more prone to deadly and severe fire outbreaks. this is due to the compact nature of buildings and the presence of industries that make use of elements which can lead to fire outbreak.
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They Turned to fishing, among other industries
Answer:
The correct answer is A. The Bretton Woods system ended in 1971.
Explanation:
The Bretton Woods system was a fixed exchange rate system in which the exchange rate for countries' currencies against the US dollar was fixed. From 1945 to 1971, it regulated exchange rates for member countries of the International Monetary Fund (IMF).
In July 1944, an international conference was held in the small town of Bretton Woods, New Hampshire, with participants from 44 nations. It was decided to set up the International Monetary Fund and the Bretton Woods system, the latter being used until the early 1970s.
The agreement meant that the member countries joined a fixed exchange rate system, which set the exchange rate for the country's currency against the US dollar. Instead, the US guaranteed a fixed redemption price of the dollar in gold. Exchange rate changes were made only to adjust for "basic imbalances" in the balance of payments. In practice, the agreement meant an end to repeated and drastic devaluations of local currencies in search of competitiveness in the export market. Earlier currency restrictions could also be lifted, with the result that international trade could increase.
The system was aborted in 1971, when the United States decided to no longer guarantee the dollar value with a fixed redemption price in gold, called the "Nixon shock". By then, the United States had already let the dollar exchange rate float in 1968. The reasons were, among other things, in the extremely costly Vietnam War for the United States. The result was that other currencies with previously fixed exchange rates also floated. The Bretton Woods system formally ceased in 1973, after vain attempts to stabilize key currencies.
