Laozi <span>was an ancient Chinese philosopher and writer. He is known as the reputed author of the Tao Te Ching and the founder of philosophical Taoism, and as a deity in religious Taoism and traditional Chinese religions.</span>
Only extreme few people possessed significant wealth and power i might be wrong
Answer:
He nationalized the oil reserves and the rights for extraction of the oil.
Explanation:
Venezuela is a country that is very rich in oil, in fact it is the country that officially has the largest oil reserves in the world. Considering the fact that the oil is what brings in the majority of the income of this nation, plus the communist politics, Chavez nationalized all the oil reserves and the extraction of the same fall into the hands of the government. This angered the USA officials, as they are the biggest consumer of oil and always want to have control on the situation. Chavez though stood his ground, and that made the relations between the USA and Venezuela even worse, though in all fairness Venezuela has the right to do whatever it wants with its natural resources, so the USA has no right to tell them what to do or how should they do it.
The rise of corporations after 1865 was partially caused by the rising and booming capitalism which saw that very large structures and companies needed a different way of self-organization. For that reason organizations emerged as natural entities.
Answer:
The result was that the British Parliament passed the 1764 Currency Act which forbade the colonies from issuing paper currency. This made it even more difficult for colonists to pay their debts and taxes. Soon after Parliament passed the Currency Act, Prime Minister Grenville proposed a Stamp Tax.