Answer: Romania, a country of Southeastern Europe.
Explanation:
- The contemporary history of Romania begins with the rejection of the Ottoman Empire and its unification with Moldova in 1859. Romania was under the rule of the Ottoman Empire for a long time, as were many of the surrounding countries. It experienced territorial expansion after the First World War.
- From 1881 to 1947, Romania was a parliamentary monarchy. The Ottoman Empire weakened intensely during the nineteenth century, gaining independence through various wars. Romania was granted full autonomy by the Berlin Peace Treaty of the late 19th century.
- During the advancement of Soviet troops in World War II, Jon Antonescu was ousted. With this act, Romania becomes a zone of interest of the Soviet Union. Soon, through elections, the Communists gain absolute power. In the coming decades, Romania will be heavily associated with the Soviet Union through economic and other interests. The socialist legacy trade began with President Nikolai Causezki.
- The president's arbitrariness and unfortunate economic situation united Romanians. The end of socialism in Romania is related to the collapse of communism in Europe, which is the end of the 1980s. In the large-scale demonstrations that took place for several days, the people rejected socialism. Romania is today a member of the European Union with a democratic system of government. Today, Romania is, economically speaking, one of the least developed members of the European Union.
Answer:
An economic contraction is caused by a loss of confidence that slows demand. Persistent trade deficits, wars, revolutions, famines, depletion of important resources, and government-induced hyperinflation have been listed as causes. In some cases, blockades and embargoes caused severe hardships that could be considered an economic collapse
Explanation:
An event, like a stock market correction or crash, triggers it. Central bank monetary policy and government fiscal policy can end a contraction more quickly. The downward slope of the business cycle is called economic contraction. A contraction is a period when economic output declines. During this phase, the economy is producing fewer goods and services than it did before. When fewer goods and services are produced, fewer resources are used by firms—including labor.
Compared to previous economic downturns, this recession lasted longer and had deeper impact on employment.
Many believes these unemployment all dues to the capability of other's country to give more workers at the cheaper prices, making United states couldn't compete in the labor market
This constitution. but dont tell the cops that they get mad
