Answer:
The escalation of tariffs on $200 billion of US imports from China, and $60 billion of Chinese imports from the United States, with threats of more to come from both sides, have significant potential to disrupt global growth.
Explanation:
Affected By War
1. Private Property. Most goods and services are privately-owned. The owners can make legally-binding contracts to buy, sell, or lease their property. In other words, their assets give them the right to profit from ownership. But U.S. law excludes some assets. Since 1865, you cannot buy and sell human beings. That includes you, your body, and your body parts.
(Source: "Market Economy," University of Auburn.)
2. Freedom of Choice. Owners are free to produce, sell and purchase goods and services in a competitive market. They only have two constraints. First, is the price at which they are willing to buy or sell. Second is the amount of capital they have.
3.
Motive of Self-Interest. Everyone sells their wares to the highest bidder while negotiating the lowest price for their purchases. Although the reason is selfish, it benefits the economy over the long run. That's because this auction system sets prices for goods and services that reflect their market value. It gives an accurate picture of supply and demand at any given moment.
Answer:
because dictators took over
Explanation:
Governments exist because people need an institution to maintain society. The law and orders needs to be maintained by the government.
<h3>What is a government,
why do we require a government?</h3>
The existence of law and order involves the functioning of governments. For system to survive, laws are required. The law mandates the protection and reliability of its citizens.
Infrastructure is provided by the government, which includes the construction and maintenance of roads, as well as the operation of hospitals and schools.
Thus, it is maintain.
For further details about why do we require a government, click here:
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Answer:
Saddam Hussein attacked Kuwait in 1990 because he accused Kuwait of collaborating with Saudi Arabia to keep oil prices low and he also wanted them to cancel Iraq's $30 billion foreign debt
Explanation:
The attack on Kuwait was a two (2) invasion that started on the 2nd of August 1990 by Iraq under the order of Saddam Hussein and this attacks lead to the invasion and occupation of Kuwait by Iraq for a period of 7 months.
The negotiations to prevent this invasion/war last for two hours because Saddam Hussein was bent on Kuwait and Saudi Arabia cancelling out the $30 billion foreign debt been owed by Iraq to them in compensation of Kuwait using advanced drilling method to steal Iraq's oil from the Rumaila fields
