Equity-efficiency tradeoff results when maximizing the productive efficiency of a market leads to a reduction in its equity—as in how equitably its wealth is distributed.
The United States end the negotiations with France during the XYZ Affair because French officials demanded that the United States pay bribes.
The XYZ Affair was an incident in 1978, involving US envoys to France and un-named French diplomats who identified themselves as X, Y, and Z. They demanded substantial bribes and payments from the US envoys in exchange for ceasing of French hostility to US merchant ships as a result of the US entrance into the Jay treaty with Great Britain.
The Japanese belief in natural spirits eventually developed into a religion known as Shinto and way of the kami.
In Japanese Kami means God. The religion teach us that in order to achieve perfection, we need to start to erase all of our worldly desire and make an effort to follow the example that the Gods have left us
Shortly after 10 p.m. on April 14, 1865, actor John Wilkes Booth entered the presidential box at Ford's Theatre in Washington D.C., and fatally shot President Abraham Lincoln. As Lincoln slumped forward in his seat, Booth leapt onto the stage and escaped through the back door. A doctor in the audience rushed over to examine the paralyzed president. Lincoln was then carried across the street to Petersen's Boarding House, where he died early the next morning.
To ensure a seperation of the powers
each branch had its own powers and responsibilities.
