Farm Families
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Answer:
If I lived in a economy in which production, investment, prices, and incomes are determined centrally by a government it would change my life in a lot of different ways. The first way it would be different is I would be paid differently. That could have drastic consequences on my income and investments. I also might not be able to find all the commodities or goods that you would normally be able to find in a market economy. If for some reason I wanted to buy some luxury items: fancy bed, new expensive clothes and such then the state would say no because those items are not needed to survive. Therefore my life would be different in that way. all in all living in this kind of economy would become very different then my current lifestyle
Explanation:
For the other answerer if you highlight the previous answer with the mouse and then right click it the press copy you can paste it on here using ctrl v
Answer:
Dr. Martin Luther King junior wrote the Letter from the Birmingham Jail in 1963, in response to white clergymen who had criticized his views and his activism as extremist.
Explanation:
MLK wrote an impassioned response to the clergy who were criticizing his activism at the time. The white clergy felt it was better for black Americans to just accept the status quo and to stop pressing for change. The clergy called MLK's actions "unwise and untimely." He first tries to counter the notion that his position is extreme in the letter by describing black nationalism and some of the extreme propositions of that movement and he also contrasts his perspective from being passive and accepting of the status quo. He has dedicated himself to trying to advance constructive change using non-violence. But as he develops his letter he starts to embrace the notion of being called an extremist because it may be necessary to take an extreme position in order to advance real change. Since MLK was a church leader and he is addressing the critique of fellow clergymen, there are a lot of religious examples used in the letter.
The Intercoastal Highway in South America is a highway that connects the western and the eastern coast of the continent, running through the countries of Peru and Brazil. The big positive of this highway is that it is connecting the eastern and western part of the continent, enabling for easier transportation of goods, and easier movement of people, which is of great economic benefit for everyone involved. On the other hand, there are also negatives, with the two biggest being the destruction of lot of tropical rainforest, and deaths of animals. In order for this highway to be built, enormous amount of trees and other vegetation have been cut down, which is always a problem. Also, the wild animals are not used to a highway running through their habitat, so they do not know how to react, very often being run over by the vehicles passing through.
The stock market crash on October 24, 1929, marked the beginning of the Great Depression in the United States. The day became known as "Black Thursday," Many factors had led to that moment. World War I, changing American ideas of debt and consumption, and an unregulated stock market all played pivotal roles in the economic collapse.
World War I transformed the United States from a relatively small player on the international stage into a center of global finance. American industry had supported the Allied war effort, resulting in a massive influx of cash into the US economy. As the war interrupted existing global trade relationships, the United States stepped in as the main supplier of goods, including weapons and ammunition. These purchases left European countries deeply in debt to the United States.
After the war, the United States began a period of diplomatic isolation. It enacted and raised tariffs in 1921 and 1922 to bolster American industry and keep foreign products out.
In the 1920s (the “Roaring Twenties”) many American consumers, assuming economic prosperity would continue indefinitely, took on large amounts of personal debt, sometimes at extremely high interest rates. Factories depended on these consumers continuing to purchase their goods.
Finally, the stock market, based on Wall Street in New York City, was loosely regulated. There were few rules to ensure invested money was safe. Speculators began to deliberately manipulate stock prices, buying and selling in order to increase their returns. Only a small number of Americans purchased stock directly, most believing that the market values would continue to increase. Many investors, comfortable with debt, bought stocks “on the margin,” using a small personal investment to pay a portion of the actual share value while borrowing the rest from a bank or other lender. They assumed the stock price would rise and they would be able to repay the balance of the loan from their investment profits. This system worked well, until the stock decreased in value.