Industrialization in Japan, China, and Russia differed from industrialization in the United States because it were able to remain economically independent and not fully resistant to reform. Explanation: China, Japan and Russia’s industrial approaches are more or less similar.
one advantage to this philosophy is that businesses faced fewer government rules and regulations. this allowes businesses to do many things. often rules and regulations add tothe costs that business faces. sometimes, rules and regulations make it harder to do business activities. when businesses have fewer rules and regulations they are generally willing to take more risks and to invest in the economy. with fewer rules and regulations, businesses have a big incentive to try to maximize profits.
a disadvantage of this policy is that businesses may engage in risky behaviors that could lead to future economic problems. in the 1920s, there were few rules and regulations on banks and on the investiment industry. to much money was being loaned to individuals and people could buy stocks woth only a small down payment. banks were also free to invest in the stock market. when the stock market crashed, many people and banks were financially ruined.
The House of Burgesses<span> was the first democratically-elected legislative body in the British American colonies.</span>
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The Potsdam Agreement (German: Potsdamer Abkommen) was the August 1945 agreement between three of the Allies of World War II, the United Kingdom, the United States, and the Soviet Union. It concerned the military occupation and reconstruction of Germany, its borders, and the entire European Theatre of War territory.
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B. They had equal status in the social structure.
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