One big change in the global economy after World War II, as compared to before the war, was a pattern of steady growth. From 1950 to 1973, the average annual GDP growth of market economies in the developed world averaged around 5% and remained rather steady. This was a strong improvement over the convulsions of the Depression that had happened prior to the Second World War.
Also over the decades after the World Wars, the global economy became more interconnected than ever before as well. Granted, during the Cold War years there was a wall (or shall we say an iron curtain) between the connected economies of the democratic countries and the connected economies of the Soviet bloc of nations. But eventually the communist system would collapse, and the increasing globalization of economies would continue and accelerate into the 21st century.
As nations like the United States have shifted more and more toward service economies rather than manufacturing economies, developing nations of the world have advanced strongly in the global economy through industrialization and growth of industrial production. So now there are new economic powerhouses in the world, such as India and China, which played a much smaller role in the global economy a century ago.
Many southern leaders believed that a McClellan victory in the presidential election of 1864 would lead to the Emancipation of enslaved persons.
<u>Explanation</u>:
- The American presidential election was held on Nov. 8, 1864, in that election Republican President Democrat George B. McClellan was defeated by Abraham Lincoln. Re-election by Lincoln meant he would preside over the successful outcome of the Civil War.
- The victory of Lincoln made him the president to seek re-election since Andrew Jackson in 1832, as well as the first president ever to seek re-election in the North.
- After the re-election, southern leaders believed that a McClellan success in the presidential election of 1864 would lead to the Emancipation of enslaved persons.
Yes because they all tried to solve issues with war, economics, and society. The "New Deal" from FDR, the "New Frontier" by JFK, and the "Great Society" by LBJ.
Answer:
Explanation:
Congress sets January 7, 1789 as the date by which states are required to choose electors for the country's first-ever presidential election. A month later, on February 4, George Washington was elected president by state electors and sworn into office on April 30, 1789. The first US presidential election is curious because of some reasons .
In exchange for land, a knight agrees to be a sort of sub-vassal to a vassal. This agreement was known as Subinfeudation
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Answer: Option 4
<u>Explanation:
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In the feudal system, the knights were granted the potion of land for their usage in return for their services to the feudal tenants or other superiors. In a way, it was a mode of paying fees to the knights and this agreement was named as subinfeudation and the holding was called as sub-fee.
This practice was prevalent until 1290 when the statute of Quia Emptores was passed which outlawed this practice of paying the knight’s fee in terms granting a piece of land.
