Usually what I do is look up the question what I mean is like copy paste it and copy and change it up sorry if it doesn’t help
A Cuban rebellion in search of Independence that was strongly supported by the media and the public as well as other events that caused the Spanish-American War:
1. de Lome Letter - de Lome was a Spanish ambassador in US. Sent letter back to Spain saying McKinley was weak and wouldn't fight. It was intercepted by and published in the New York Journal.
2. Battleship Maine - the sinking of the U.S. battleship Maine in Havana harbor, with a loss of 260 men. Although Spanish complicity was not proved, U.S. public opinion was aroused by yellow journalism and people began demanding to go to war to get revenge.
Answer:
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Explanation:
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The existence of periodic overproduction crisis is a main characteristic of the market economy system.
In general, the more than an economy can produce, the better as the GDP (Gross Domestic Product) figures increase, there is economic growth and high income and employment figures .
But if an excessive quantity of production is offered in the markets in relation to the amounts demanded, there will be situations of excess supply. If such situations cannot be balanced, a big crisis arises, as producers will have large unsold stocks, factories with an enormous capacity if compared to the amount they can sell according to the demand, and much more workers than they need.
In this situation many plants have to close down, workers are fired and sometimes even the whole business goes bankrupt.
The contradiction happens because high production figures are not leading to economic growth or recording positive figures. Alternatively, an overproduction crisis takes place with the very negative consequences described above.
