<span>The concept that ethnicities have the right to govern themselves is known as the r</span>ight of people to self-determination. This rule states that groups of people have right to choose their sovereignty, it means to decide that they want to form an independent state. The most important periods when this rule was applied were after the World War I, World War II and in the 1990s when many independent states emerged from former empires (the Great Britain or the Soviet Union) in Africa, Eastern Europe and Asia.
Nowadays this rule is on the one hand accepted but on the other still controversial when it comes to rights of ethnicities which strive for independence (ex. Scotland from the UK, Catalonia from Spain or Palestina from Israel).
When the federal reserve raises interest rates investment spending in the US will be <u>decreased</u>.
<h3>
What is Federal Reserve?</h3>
- The United States of America's central banking system is the Federal Reserve.
- Following a string of financial panics that prompted the need for centralized supervision of the monetary system in order to prevent financial crises, it was established on December 23, 1913, the day before Christmas Eve, with the passage of the Federal Reserve Act.
- The Federal Reserve's dual mission is another name for the first two goals. In addition to overseeing and regulating banks, preserving the stability of the financial system, and offering financial services to depository institutions, the federal government, and foreign official institutions, its responsibilities have grown over the years.
- The Federal Reserve also undertakes economic research and produces a number of publications, including the Beige Book.
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C. a social, military and economic system
The Patriot victory at the Battle of Kettle Creek practically ended support for the Loyalist cause in the colony.