Answer:
Real GDP and nominal GDP are both very important calculations made to understand the strength of a country’s economy. The nominal GDP measures the value of total goods and services produced in an economy in current monetary terms, whereas real GDP measures the value of goods and services after removing all inflationary effects.
Explanation:
The volunteers were gathered in four areas: Arizona, New Mexico, Oklahoma, and Texas. They were gathered mainly from the southwest because the hot climate region that the men were used to was similar to that of Cuba where they would be fighting. "The difficulty in organizing was not in selecting, but in rejecting men."[3]:5 The allowed limit set for the volunteer cavalry men was promptly met. With news trickling down of Spanish aggression and the sinking of the USS Maine men flocked from every corner of the regions to display their patriotism.
Answer:
Option B: It withdrew from Open Door agreements with China.
Explanation:
The Open Door policy was a statement of principles initiated by the United States in 1899 and 1900. It called for protection of equal privileges for all countries trading with China and for the support of Chinese territorial and administrative integrity.
With regards to whether imperialism was a fair excuse for the Industrial Revolution, the answer is that <u>it was not. </u>
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<h3>What was the relationship between imperialism and the Industrial Revolution?</h3>
- Raw materials were needed to produce more goods and so colonies were acquired to get these goods cheaply.
- New markets were needed to sell the goods produced as well.
Both of these are not good enough excuses for imperialism because these nations could have engaged in fair and mutually beneficial trade that would have led to both the colonized nations, and themselves, developing.
Find out more on imperialism at brainly.com/question/353575.
Answer: law of self-interest and the law of competition
Explanation:
