Explain how absolute advantage and comparative advantage differ. Absolute advantage is the ability to produce a good using fewer inputs than another producer, while comparative advantage is the ability to produce a good at a lower opportunity cost than another producer (reflecting the relative opportunity cost).
The Roosevelt Corollary was a policy that established the right of the United States to act as a policeman in the Western Hemisphere.
It's an addition to Monroe's doctrine which claimed the right for the United States to intervene in cases when some certain nation created some wrong doing. It was pointed mostly towards the countries in Latin America. Roosevelt believed that the States should function as a protector of the Western Hemisphere.
Further Explanation:
- Roosevelt believed United States should interfere in the problems between European and Latin America's states
- Policy of not allowing European states to put there hands on Latin America
- Addition on Monroe's doctrine
- United States have a right to exercise their military power
Subject: History
Level: High school
Keywords: Roosevelt Corollary, Policeman, Monroe's doctrine
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C. Success of growing wheat in the hillsides
<span>If the Twenty-Second Amendment had been in place during Franklin D. Roosevelt’s first term in office, then Franklin D. Roosevelt would only have been able to serve 2 terms instead of 4 in all.
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Answer:
eighteenth century
1765-1783
considered as the age of revolution
Explanation:
