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mestny [16]
3 years ago
7

Which of these economic indicators would be most

History
1 answer:
Rina8888 [55]3 years ago
6 0

<u>Answer:</u>

GDP(Gross Domestic Production) is used to detect inflation in the nation.

<u>Explanation:</u>

  • GDP is a round figure of production of the nation which means taxes, wages, salaries, imported money, foreign exchange currency etc. that all comes under  GDP.
  • Through GDP, the nation concludes its inflation and production rate of the country. GDP also affects the stock market.
  • GDP used to analyse performance of a country in a year. The next year’s budget is based on GDP which helps to bring economic reforms for the next economic year.
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A massive European war fought against the Allied POwers<br> and the Central Powers.
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Answer: World War I Begins

On July 28, Austria-Hungary declared war on Serbia, and the tenuous peace between Europe's great powers quickly collapsed.

Explanation:

8 0
2 years ago
How does the Indian Ocean differ from the Mediterranean Sea or South China Sea as a trading zone?
Lostsunrise [7]

Answer:

The Indian Ocean Trade began with small trading settlements around 800 A.D., and declined in the 1500’s when Portugal invaded and tried to run the trade for its own profit.

As trade intensified between Africa and Asia, prosperous city-states flourished along the eastern coast of Africa.  These included Kilwa, Sofala, Mombasa, Malindi, and others.  The city-states traded with inland kingdoms like Great Zimbabwe to obtain gold, ivory, and iron.  These materials were then sold to places like India, Southeast Asia, and China.  These were Africa’s exports in the Indian Ocean Trade.  These items could be sold at a profit because they were scarce in Asian countries.

At the same time, the East African city-states were buying items from Asia.  Many residents of the city-states were willing to pay high prices for cotton, silk, and porcelain objects.  These items were expensive because they were not available in Africa at the time.  These were Africa’s imports in the Indian Ocean Trade.

The city-states along the eastern coast of Africa made ideal centers of trade.  An important attraction was the gold obtained from inland kingdoms.  The gold was needed mainly for coins, although it was also used for works of art, ornamentation on buildings, and jewelry.  Also, the city-states were easy to reach from Asia by ship because of the favorable wind and ocean currents.  Ships had no trouble docking at the excellent ports and harbors located on the coasts of the city-states, making it easy to unload and load cargo.  Merchants, tired after their long overseas journey, enjoyed the lodging and entertainment offered

6 0
2 years ago
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Answer:

...................................

3 0
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What did Coolidge feel it was his jobs to do as president
mina [271]

Answer: to encourage buisness development which he did succeed at but that was not his big success encouraging buisness developments is just what he felt was his job

Explanation:

hope this helps - Mal

3 0
2 years ago
As a result of the Vietnam War, was communism contained or did it expand? Explain
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Communism expanded. At the end of the war, North Vietnam conquered South Vietnam in 1975. The north and south united under one government. Communism spread and is one of the few remaining communist countries.
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