Answer:
In any regard, supporters of <em>laissez-faire </em>governmental policies were often advocates for the "free market". They would suggest that federal or state involvement in business would stagnate and decelerate the growth of the economy. The "invisible hand" of the market does not actually exist, but this argument would be made in order to support the assertion that government involvement was not required. In reality, significant economic downfalls of the past could have been avoided, had the governments of "unregulated business" nations played a more active role. Claims such as these were made for the purpose of promoting a self-sustaining economy, even when such a thing cannot coexist with financial disparity.
I hope this helped you understand the motives behind <em>laissez-faire </em> business and government policies. Blessings to you.
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Answer:
North Atlantic Treaty Organization (NATO) and the Warsaw Pact
Explanation:
In the mid 1950's, the tensions between the communist east and capitalist west were constantly on the rise. This led to the formation of military alliances from both sides. The Western countries formed NATO, a military organization initially consisted of USA, Canada, and Western European countries. The Soviets responded adequately, and they formed the Warsaw Pact with their allies, which was also a military organization. The reason for the formation of these two organizations was to protect the interests of the member countries, be it safety, political, economical, social, or zones of influence. Both organizations were constantly pilling up more and more weaponry and were constantly increasing the armies, heavily investing in its development, equipment, and training.
Answer:
China’s debt problems have emerged so much more rapidly and severely this year than in the past that a growing number of analysts believe that this may be the year that China’s economy breaks. There is no question that China will have a difficult adjustment, but it is likely to take the form of a long process rather than a sudden crisis
South Korea becoming a communist country after China tried to take over.
