Answer:
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New Orleans was one of the most important port cities in the U.S. at the time.
answer:
Such economies can be beset by high levels of debt, a heavy reliance on foreign capital inflows, a steady depreciation of its currency, and high-interest rates. Sri Lanka has suffered balance of payments (BOP) crises at regular intervals, with the exception of a 9-year period from 1992 to 2000.
The recent changes in the climate have reduced crop yields and crop growth in Sri Lanka due to heat intolerance and water evaporation. This reduces the economic returns to those in the agricultural sector, leading to lower incomes for the individuals affected by these environmental changes.
United kingdom, russia, japan, romania, serbia, greece, portugal
<u>Answer</u>:
Industrialization and mass production in Europe at this time have led to social theories, such as Marxism.
<u>Explanation</u>:
Karl Marx came with the idea of ‘Marxism’ where he believed that the workers were losing their independence because of Industrial revolution. Due to Industrial revolution, mass production required large number of workers in the factories. But they had to work in factories on the given timing and they had no control on their own lives. They were also paid less wages according to Karl’s idea of Marxism. This was unfair to the workers.
According to this theory, industrial revolution led to only two classes of people in a society: the working class and the owners of factories. So, social theories arose during this time.
