All of the aforementioned were designed to help the Allied powers during World War II. Even though the US wanted to stay "neutral" when World War II broke out, they did want to benefit by maintaining economic relationships with these countries.
The Lend-Lease Act is a perfect example. This allowed the US government to lend weapons and other materials to nations like France, Great Britain, and China during World War II. If the goods weapons/materials were destroyed, it was on the country using them to replace it.
The Cash and Carry policy was another example of the US government helping the Allied powers. This policy stated that countries may buy materials from the US, as long as they pay in cash and provide transportation for the materials at their own risk.
Both of these show that even though the US was not technically in the war yet, they heavily favored the Allied powers.
Answer:
In many ways, the U.S. and Texas Constitutions are similar documents. They both embody the principles of representative democratic government, in which sovereignty emanates from the people. Both contain a bill of rights that protects civil liberties from government infringement
Explanation:
It could be argued that the "serf" was the "property" of the land during the Middle Ages, since under the feudal system that reigned supreme during this time, serfs (or peasants) had very little rights of their own.
Answer:
Causes of stagflation in 1970:
1. The increase of oil prices and consequent increase of gasoline prices this phenomenon is known as cost push inflation.
2. Higher level of unemployment
Explanation:
Stagflation is the lethargic economic growth, depicted in factors such as high unemployment, happening while there are high rates of inflation in a given economy.
In 1970 the United States economy experienced stagflation because the oil prices reached historical high prices increases the cost of gasoline as well. As oil is the main raw material for producing gasoline the increase of oil prices caused a cost push inflation.
Usually economist believed that inflation was desirable as it was caused by the increase of demand, which mean that employment was being generated and therefore the need for consuming more goods and services was a logical explanation of the increase in demand. However, during the 70's this increase was the result of an externality (the increase of oil prices). At the same time the levels of unemployment rose in that decade creating the stagflation of the United States Economy.
