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In the summer of 1939, American newspapers began to discuss the prospects of using atomic energy. Although physicists reported new advances in this field, many Americans doubted that nuclear weapons could be created. Leo Silarda, a physicist from Hungary, was worried that America had not shown itself in such a serious matter: this could be an advantage for Nazi Germany.
Sylard himself could not find support in the government and decided to seek help from his friend Albert Einstein. Sylard told him that the atomic bomb can be created with the current achievements of science. Sylard’s request was that Einstein warned the Belgian queen, who could protect large reserves of uranium ore in the Belgian Congo from the Nazis.
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Fields of science, field of cemetery,drugs,
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The intersection between the supply curve (an upward sloping function) and the demand curve (a downwardsloping function) determines the equilibrium point of a market. The equilibrium is the point which represents the exact market price and quantity demanded/supplied at which the wishes of consumers and suppliers meet.
<u>When the market is not in the equilibrium point</u>, two different situations could be happening:
- Excess demand: this is a situation in which the market price is located below the equilibrium price. The quantity demanded at that market price would exceed the amount that the producers are willing to produce and supply at that same price. Therefore, not all consumers are able to obtain the product they desire and there is rationing.
- Excess supply: at a certain price located above the equilibrium, the quantity that suppliers are willing to produce exceeds the amount demanded by consumers at that more expensive price. Therefore, suppliers would not be able to sell their whole production in the market.
One of the main ways in which lessons learned from World War II influence President Truman’s decision to send troops to aid South Korea after North Korea invaded was that World War II showed that inaction after a country violated the sovereign rights of another could lead to a prolonged conflict.