Answer:
It can depend on a multitude of factors such as if we refer to economic ties, then yes I think it is positive, as China provides the US with the labor for US companies to utilize to mass produce their products. By contrast, our geopolitical ties are negative as suggested by conflicting interests and human rights issues that the US calls China out on (such as in Xinjiang where the Chinese had shown to strip the Uyghurs of their freedoms and putting them into re-education camps). A way that we can improve this is by holding more bilateral talks and to discuss about the certain issues that both countries have and working together to foster better relations and build mutual understanding.
Explanation:
Answer:
Oil
Explanation:
When overproduction occurred, it create a situation when the stock of the products far outnumbered the amount of people who are wiling to buy it. As a response, sellers started to reduce the price of the oil in order to make consumers more interested to buy it.
This caused a massive fall in oil price during the 1930s. Before the over production, the cost of oil at that time was around $ 1.88 / Barrel. After the overproduction, it became around 65 cents per barrel .
