The Great Inflation Of The 1970s<span>. It's the </span>1970s<span>, and the stock market is a mess. It loses 40% in an 18-month period, and for close to a decade few people want anything to do with stocks. </span>Economic<span> growth is weak, which results in rising unemployment that eventually reaches double-digits.
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They did that because they thought that their citizens thout h\that they would be treated a secondary citizens.
The ideology of communism is a particular type of socialism (option b).
<h3>How are communism and socialism related?</h3>
Socialism and communism are two economic, political and social ideologies that stand out for proposing a broad participation of the state in all matters of life, the public nature of the means of production and the equitable distribution of profits.
However, these two ideologies have differences such as:
- In socialism, the private sector is taken into account, while in communism the means of production belong solely to the state.
- In socialism the harmonious coexistence of social classes is proposed, in communism the formation of a single proletarian class is proposed.
- In socialism the harmonious coexistence with the capitalist model is considered, in communism the elimination of this model is proposed.
- In socialism there are several political parties, in communism there should only be one political party.
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A series of four acts, the Townshend Acts were passed by the British Parliament in an attempt to assert what it considered to be its historic right to exert authority over the colonies through suspension of a recalcitrant representative assembly and through strict provisions for the collection of revenue duties. The acts were resisted everywhere with verbal agitation and physical violence, deliberate evasion of duties, renewed nonimportation agreements among merchants, and overt acts of hostility toward British enforcement agents, especially in Boston. In response, in October 1768, Parliament dispatched two regiments of the British army to Boston.
