A budget deficit occurs when government expenditure is greater than revenue. When this happens the government is now forced to acquire loans to remedy the deficiency and as such national debt grows. A budget surplus occurs when revenue is greater than expenditure. When this occurs there is no need to get more loans and the surplus can now be used to service the national debt; thus reducing it.
Answer:to counterbalance the Western European alliance. to convince East Germany to join NATO. to respond to Stalin's direct threat to attack West Germany. to prevent communism from spreading to West Germany.
Explanation:
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
First of all, (just to clear this up) the conflict and tension between GB and the colonies was a lot more complex than 2 events. The ones I will name here are important, but take them more as a symbol of the breaking ties of GB and the colonies than the only 2 things that led to the American Revolution (aka take this answer with a grain of salt, it is too simple to be complete).
1) The Sugar Acts/Stamp Acts/Townsend Acts (1763-66): Following the French and Indian war (also known as the 7 years war) Britain had huge amounts of debt from fighting overseas. Many British were outraged that they had to pay the tax alone, because they believed the colonists were responsible for the war. So the British government did what it thought was right and taxed the colonists through 3 direct taxes. These taxes (named above) taxed sugar, paper goods, tea, paper, paint, some metals, and a variety of other things. Colonists were outraged that they were being directly taxed without representation in the British Government and rebelled by boycotting goods, and harming tax collectors, but one especially good example was the Boston tea party, in which Colonists dumped entire cases of British tea into the Boston Harbor to rebel against taxes.
2) Intolerable acts: As a result of the Boston Tea Party, Britain created a series of laws aimed at punishing the colonies for their rebellious behaviour. These were known as the Intolerable acts by colonists and included such things as closing down the Boston Harbor and requiring that the dumped tea be paid for. This was the last straw for many radical colonists, as they believed that their basic rights had been clearly infringed. These radicals used ideas from the Enlightenment to justify trying to sever ties with Great Britain.
Answer:
The answer to the question is A I believe.
