the British seemed unbeatable. During the previous 100 years, the British had enjoyed triumph after triumph over nations as powerful as France and Spain. At first glance, the odds were clearly against the Americans. A closer look provides insight into how the underdogs emerged victorious.
Britain's military was the best in the world. Their soldiers were well equipped, well disciplined, well paid, and well fed. The British navy dominated the seas. Funds were much more easily raised by the Empire than by the Continental Congress
Answer:s the United States enters the 21st century, it stands unchallenged as the world’s economic leader, a remarkable turnaround from the 1980s when many Americans had doubts about U.S. “competitiveness.” Productivity growth—the engine of improvement in average living standards—has rebounded from a 25-year slump of a little more than 1 percent a year to roughly 2.5 percent since 1995, a gain few had predicted.
Economic engagement with the rest of the world has played a key part in the U.S. economic revival. Our relatively open borders, which permit most foreign goods to come in with a zero or low tariff, have helped keep inflation in check, allowing the Federal Reserve to let the good times roll without hiking up interest rates as quickly as it might otherwise have done. Indeed, the influx of funds from abroad during the Asian financial crisis kept interest rates low and thereby encouraged a continued boom in investment and consumption, which more than offset any decline in American exports to Asia. Even so, during the 1990s, exports accounted for almost a quarter of the growth of output (though just 12 percent of U.S. gross domestic product at the end of the decade).
Yet as the new century dawns, America’s increasing economic interdependence with the rest of the world, known loosely as “globalization,” has come under attack. Much of the criticism is aimed at two international institutions that the United States helped create and lead: the International Monetary Fund, launched after World War II to provide emergency loans to countries with temporary balance-of-payments problems, and the World Trade Organization, created in 1995 during the last round of world trade negotiations, primarily to help settle trade disputes among countries.
The attacks on both institutions are varied and often inconsistent. But they clearly have taken their toll. For all practical purposes, the IMF is not likely to have its resources augmented any time soon by Congress (and thus by other national governments). Meanwhile, the failure of the WTO meetings in Seattle last December to produce even a roadmap for future trade negotiations—coupled with the protests that soiled the proceedings—has thrown a wrench into plans to reduce remaining barriers to world trade and investment.
For better or worse, it is now up to the United States, as it has been since World War II, to help shape the future of both organizations and arguably the course of the global economy. A broad consensus appears to exist here and elsewhere that governments should strive to improve the stability of the world economy and to advance living standards. But the consensus breaks down over how to do so. As the United States prepares to pick a new president and a new Congress, citizens and policymakers should be asking how best to promote stability and growth in the years ahead.
Unilateralism
Answer:
A - They increase
Explanation:
As our population grows we need more resources to provide for more people.
Manifest Destiny. beleif held in 19th century by many Americans that U.S. was destined to (meant to) span from Atlantic Ocean to Pacific Ocean, spreading its culture and democracy; belief had political, economic, and social roots:growth in U.S. economy increased demand for (and value of) farmland, ranches, and furs; the cotton gin increased the area in which cotton could be grown profitably; the discovery of gold in California attracted 80,000 people in1849
