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Correct Answer:
1 - Pacific
2 - Hideki Tojo
3 - The Philippines
4 - United States Entering Into
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There was inflation after the First Bank of the United States closed because the United States after fighting the war of 1812 found itself in a huge debts which leads to them struggling with increase in prices and devalued money from rising inflation
The problem was resolved by creating the second bank of the United States in 1816. One of the major reason for its creation was to help the national treasury out of its unpleasant financial situation and also to regulate the currency.
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The reform and open-door policy of China began with the adoption of a new economic development strategy at the Third Plenary Session of the 11th Central Committee of the Chinese Communist Party (CCPCC) in late 1978. Under the leadership of Deng Xiaoping, who had returned to the political arena after his three previous defeats, the Chinese government began to pursue an open-door policy, in which it adopted a stance to achieve economic growth through the active introduction of foreign capital and technology while maintaining its commitment to socialism.
The obvious aim of this policy shift was to rebuild its economy and society that were devastated by the Cultural Revolution. The policy shift also appears to have been prompted by recognition that the incomes of ordinary Chinese were so low, in comparison with incomes in other Asian economies, that the future of the Chinese state and the communist regime would be in jeopardy unless something was done to raise living standards of its people through economic growth.
The government subsequently established a number of areas for foreign investment, including the special economic zones, open coastal cities, the economic and technology development zones, the delta open zones, the peninsula open zones, the open border citiees, and the high-tech industry development zones. The establishment of these zones provided the trigger for massive inflows of foreign investment, primarily from companies in Hong Kong and Taiwan. At the same time, China promoted its socialist market economy concept. The changes brought an entrepreneurial boom that resulted in the emergence of huge numbers of entrepreneurs and venture businesses within China.
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The US government's decision to develop a hydrogen bomb, first tested in 1952, committed the United States to an ever-escalating arms race with the Soviet Union. The arms race led many Americans to fear that nuclear war could happen at any time, and the US government urged citizens to prepare to survive an atomic bomb. Their reason for this panicked prognosis was the United States' decision to develop and test a hydrogen bomb, or H-bomb, a nuclear weapon one thousand times more powerful than the atomic bomb that had leveled Hiroshima at the end of World War II.
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