In the 70's there had been e tremendous raise in grain exports to the Soviet Union, resulting in a steady rise in grain prices, which had led to banks readily offering loans at low interest rates and to farmers investing heavily and getting heavily into debt. All this investment however led to overproduction and consequently to a drop in grain prices and then, to a drop in land values.At the same time, interest rates went up, adding to the farmer's costs while revenues went down. On top of that, as a reaction to Russia's invasion of Afganistan the US President instituted a grain embargo to the Soviet Union. That meant that a major market for US grain disappeared overnight. The Russians started buying their grain elsewhere, meaning that even after the embargo was lifted US farmers could not realize anything like their former export volumes or <span>prices.</span>
<h3>Answer choices are:</h3>
- Consumer intervention in economic choices is strictly forbidden.
- The government determines economic choices and makes most decisions.
- The decisions made by producers and consumers drive all economic choices.
- Producers and consumers make some economic choices while the government makes others.
<h3>Correct answer choice is:</h3><h2>4. Producers and consumers make some economic choices while the government makes others.</h2><h3>Explanation:</h3>
An economic policy in which both the individual business and a level of republic monopoly (normally in federal co-operation, security, support, and primary manufacturers) accompany. Every advanced economy is mixed where the medians of generation are distributed among the individual and governmental divisions. Also named a dual economy.
<h3>Example:</h3>
A mixed economy comprises of both individual and state/state-owned existences that distribute authority of maintaining, manufacturing, trading and swapping good in the country. Two models of mixed economies are the U.S. and France.
Because the US had build boats, ships, and airplanes. Troop support was a main one. And we were allies with Great Britain , and The Soviet Union.
Builds support for the party, makes sure people vote
