Because their colonies will separate from them thus its power and resources will decrease. Hope that helps.
The value of Fiat currency is a nation's credit, and that is because it is used to clear off debt by the citizens of a nation.
Fiat currency is, thus, a government issued-currency that is not supported by physical commodity, such physical commodity can be gold or silver.
The value of fiat money then is gotten from the relationship between supply and demand and the stability of government issuing it instead of the worth of a commodity that backs it.
For example, the United states dollar, euro and many world currencies are all fiat currency.
Government, historically, mint coins from valuable physical commodity and print paper money that could be redeemed for a particular amount of physical commodity.
In the case of inflation or hyperinflation, fiat money tends to loose value and this is because it is not connected to physical reserves such as gold or silver. if people lose faith in the country's currency, it tends to lose its value.
This is entirely different from currency that is backed by gold mainly because the demands for products made of gold such as jewelries, computers, electronic devices and aerospace vehicles are very high.
Fiat currency is issued by most government as legal tender for the purpose of debt repayment
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KEYWORDS:
- fiat money
- gold or silver
- currency
- government
- debt
- physical commodity
- legal tender
It was the Storming of Bastille.
Answer: Alleged attacks by North Vietnam against US naval ships in the Gulf of Tonkin.
Detail:
The Gulf of Tonkin Resolution was a measure passed by US Congress that allowed the US President to make military actions, like increase troops, without formal declaration of war. It led to huge escalation of US involvement in the Vietnam War. The resolution was passed by Congress in August, 1964, after alleged attacks on two US naval ships in the Gulf of Tonkin. The key wording in the resolution said:
- <em>Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, that the Congress approves and supports the determination of the President, as Commander in Chief, to take all necessary measures to repel any armed attack against the forces of the United States and to prevent further aggression.</em>
That resolution served as a blank check for President Johnson to send troops to whatever extent he deemed necessary in pursuance of the war. Between 1964 and the end of Johnson's presidency in 1969, US troop levels in Vietnam increased from around 20,000 to over 500,000.
Answer:
B. To ensure that the president does not become too powerful
Explanation:
The main function entrusted to the cabinet is to participate in the task of ensuring continuity of the presidency of the United States. So officials closest to the head of state, included in the Cabinet, can attest to the inability of the US president to fulfill his duties.
As for the cabinet’s participation in the legislative process, the powers in this area are practically nullified. So the US President not only determines the legislative program, but also tightly controls the entire legislative process.
