The Treaty of Paris, ending the Spanish-American War, was signed on December 10. Spain gave up Guam, Puerto Rico, its possessions in the West Indies, and the Philippines in exchange for a U.S. payment of $20 million. The United States occupied Cuba but, as provided for in the Teller Amendment, did not try to annex it.
<span>Started with extreme militarization. Once, they started adopting the life of western civilizations and embracing it they very quickly became a leading country in the world.</span>
The islands of the Philippines in which he lived for 20 yrs prior to WW2
Economists regard imperfect competition as undesirable because B. it allows firms to be less efficient producers.