He expected help from British ships sent from New York, however the ships never arrived so he had no choice.
Answer choices are:
a. Falling production
b. High inflation
c.Low GDP
d.Rising unemployment
Correct answer choice is:
b. High inflation
A period of economic expansion is basically the period in which the economy of any country is boosted from a low level to a high level.<span> B</span><span>usiness activities surges and gross domestic product (GDP) is expanded until it reaches a peak. The productivity of goods and services rises and the production houses are completely supported by the government. The banks are forced to increase the interest rates in order to raise the profit.</span>
Referring to their role as major players of trade routes in Asia and the indian ocean.
They managed to fulfill this roles due to their superior exploration technology and weapons. The European developed the sea exploration technology at least one century befor the East Asian countries and around 400 years before the South Asian
The rulers of the Soviet Union viewed empire and imperialism in ideological terms as ‘the highest and final stage of capitalism’.1 By this Leninist definition, the Soviet Union did not identify itself as an empire, and instead, its leaders vehemently denounced imperialism that was carried out by its enemies and competitors: the capitalist states. Despite its own anguish over being identified as an empire, the Soviet Union indeed was one. While the meaning of ‘empire’ has shifted over time, for the purposes of this paper the definition of empire is in the sense of a great power, a polity, ruling over vast territories and people, leaving a significant impact on the history of world civilizations.2 As the characteristics of the Soviet Union are examined, support for viewing the USSR as an empire grows.
The Soviet Union emerged after the Russian Revolution of 1917. The Tsarist Russian Empire’s government was overthrown by the local soviets, led by the Bolsheviks. The Bolsheviks attempted to replace the Russian empire with a communist one, in which socialism would make nationalismobsolete and in place there would be a supra-national imperial ideology.3 Still, coming back to the issue of ‘empire’, the Soviet Union clearly maintained a commanding control over multi-ethnic and multi-linguistic societies that surpassed the extent of the preceding Imperial Russia Empire. A question thus arises: was the USSR a Russian empire? The first aspect to consider is if the USSR was a continuation of Russian imperialist power or if an intrinsic distinction can be made between the two. What is notable to address is what is meant by ‘Russian’ identity and nationality, its formation, and reshaping through time. Once this will be accounted for, this paper will move on with an answer to the question: the USSR was indeed an essentially different empire from the one preceding it, and thus, the USSR was not a Russian empire.
