Answer:
The idea of having a central bank is in a certain way contrary to that of establishing an economic regime of free enterprise, since central banks have the main function of regulating the micro and macroeconomic conditions of the nation, establishing limits on banks, companies and individuals in the exercise of their economic rights and their commercial freedoms. Thus, since the free enterprise system seeks the opposite, that is, to deregulate markets and allow the free exercise of economic rights and the development of trade, both concepts tend to be inconsistent with each other.
Answer:
2. How did the Union’s military strategy lead to victory for the North and economic devastation for the South?
The Union military strategy basically consisted in encircling the Southern economy, by blockading the Gulf of Mexico and the Atlantic Ocean, and also taking control of the Mississippi River, which divided the confederacy in two, and impeded economic integration.
3. How did the Black Codes marginalize African Americans in society
Black Codes prevented African Americans from doing certain things (these prohibitions varied from state to state), for example: voting, educating themselves, learning how to read and write, and aspiring for public office. These codes were prevalent even in free states.
4. Why were the Native Americans resistant to establishing a relationship with the U.S. government after the Civil War?
Because the U.S. government had treated Native Americans in a very poor manner in the past, specifically by forcing some the tribes to abandon their lands and relocate to reservations in the West (what is known as the Indian Removal Act and the Trail of Tears).
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Answer:
The economy of Libya depends primarily on revenues from the petroleum sector, which represents over 95% of export earnings and 60% of GDP. These oil revenues and a small population have given Libya one of the highest nominal per capita GDP in Africa.. After 2000, Libya recorded favourable growth rates with an estimated 10.6% growth of GDP in 2010. This development was interrupted by the Libyan ...
Explanation:
