False, Federalism did not cause that.
According to the theory of supply and demand, the market is self-adjusting and companies compete by prices, so the government should interfere as little as possible in the economy.
The government of Ronald Regan followed this logic and was considered a neoliberal government, which advocates reducing the taxation of companies as a form of incentive to production and consequently to the supply of economy, since the productive activity of the companies corresponds to the aggregate supply of an economy (everything that goes on sale in the market).
In addition to the reduction in corporate taxation, the economic package called "Reaganomics" implemented a reduction in public spending, a reduction in income taxation and a deregulation of the economy. The consequences were economic growth, but with increasing social inequality between rich and poor.
They call it <span>china's sorrow hope this helped</span>
Answer:
True
Explanation:
This is correct. The nation-state of Germany was founded at the conclusion of the Franco-Prussian war that lasted from 1870 to 1871. Many were against the formation of a German nation because a unified Germany opposed the imperial goals of other global superpowers of the time. But the nation began and still exists to this day. There was an idea of it being cut into pieces and destroyed after world war 2 but that never happened.
