Its important because it creates boundaries and is the basis of society
Explanation:
While Congress had the right to regulate all forms of American currency, the Articles failed to call for a singular form of currency. This meant that the national government could print money, but each state could as well. Consequently, America had no uniform system of currency which made trade between the states, and with foreign entities, much more difficult and less efficient.
As a result of the support of the war effort in OPEC instituted an oil embargo
OPEC instituted an oil embargo
Explanation:
The oil embargo happened because the nations that constituted OPEC warned the nation that supporting Israel in the war would lead to that.
The US had openly supported the Israel war effort and thus all the oil rich nations of the OPEC including Saudi Arabia, UAE and Oman had signed the embargo.
BY the virtue of this, the export of oil to US was stopped.
Porfirio Diaz was president of Mexico from 1884 to 1911, This was a time of great economic growth for Mexico, as the regime opened its doors to foreign investment, particularly in the mining sector. However, Diaz's policies promoted a strong centralized government, which would lead to an unequal focus on certain regions and economic activities of the country, leaving others exposed to impoverishment. The expropriation of peasants lands in favor of big enterprises enraged rural populations. Inequality among the regions and societies of urbanized areas was becoming more evident. This led to a series of manifestations against the government that would eventually lead to the end of the regime.
