Answer:
It can impact the cost of living, doing business, borrowing money, mortgages, etc. Consumers have more money to buy goods or services, and the economy benefits and grows.
Answer:
Colonialism destroyed traditional structures.
Explanation:
Colonialism happens when a country takes control of other lands outside of its boundaries. Taking control of other lands and turn them into a colony. The colonial powers exploited the colonies for their resources and to obtain power. Traditional structures destroyed by colonialism because it introduces westernization. European languages introduced which affect traditional languages and cultures which people are practising for hundreds of years.
If you look at the years of the states and write down the ones in 1889 and 1900, it gets easier. Three that I got were Wshington, Montana, and South Dakota (I'm sure there are more but those were three).
In Germany, people would refer to it as "Drittes Reich", which is translated in English to "Third Reich" - and I think this is the answer you are looking for, it's very widely used.
Reich means "Empire" , so it could also be translated to the "third empire" but this is not usual.