Mexico because Mexico gave 55 percent of its territory, including parts of present-day Arizona, California, New Mexico, Texas, Colorado, Nevada, and Utah, to the United States
Answer:
the assassination arch Duke Franz Ferdinand of the austria-hungarian empire
Explanation:
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Answer:
This borrowing may have a negative impact by crowding out private investment.
Explanation:
When the government goest into deficit spending to stimulate the economy in times when the economy is slowing down, what happens is that the government now demands more loanable funds: it demands a higher proportion of the savings in the economy in the form of government bonds.
This higher government demand for loanable funds crowds out private investment for two reasons:
- It raises the interest rate, making private investment more expensive.
- It reduces the amount of loanable funds available for the private sector (because it takes over a larger share of them).
The Smoot-Hawley tariff, passed in June 1930, raised import tariffs to unprecedented levels, which virtually closed the US borders to foreign products. This generated a counterpart of the other countries, which also imposed tariffs on American products