Hong cong ? at least I think
Answer: He believed the Catholic Church got it wrong on salvation.
Explanation:
Luther believed people were saved by faith alone and that this was the summary of all Christian doctrine, and that the Catholic Church of his day had got this wrong.
The advantage a permanent capital city has it avoids the need to harvest investments at artificially created time horizons.
<h3>What is permanent capital?</h3>
Permanent capital refers to an investment for an indefinite period in an underlying vehicle. The vehicle can be any form of corporation, trust, or partnership.
Permanent capital was an aspirational concept in private equity. By leveraging the optionality and understanding the limitations of permanent capital, managers use it for enhancing their business.
Learn more about Permanent capital here:
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1.
that it stayed a cold war
didn't turn into a world war
diplomacy worked
like the Cuban missile crisis
2.
over spending on the military collapsed the soviet economy
3.
cold war not leading to a hot war led to positive advances in other things it became a matter of COMPETITION
like the space race (NASA)
inventions like the internet
chess matches (example bobby fischer)
4.
showed capitalism & democracy are better than communism because of
freedom
political, economic and cultural freedom
political : democracy
economic : captialism : to be able to do business without governmental interference
culture: freedom of speech, assembly, religion (where all religions are accepted rather than none under communism)
1776? Around the time of the revolution!
