Essentially, the Nixon Doctrine was Richard Nixon's foreign policy manifesto. It outlined that the United States would provide help to foreign nations combatting communism with financial aid rather than military aid. This essentially was to limit the deployment of US military abroad, like in Vietnam or Korea.
The Nixon Doctrine was in line with Nixon's idea of "Detente" which literally means "relaxation" in French. Nixon wanted to defuse relations with China and the USSR by withdrawing US troops from "proxy wars" (wars fought between two opposing sides but either side is backed by a foreign power, in this case the United States and the USSR).
To answer the final part of your question, the Nixon Doctrine had initial success. The Doctrine was intrinsic to the Paris Peace Conference in 1973 which saw the end to the Vietnam War. It also allowed Nixon to obtain the Strategic Arms Limitation Treaty (SALT) with the USSR, which limited the amount of nuclear missiles (ICBM's especially), and become the first US President to visit Communist China. The Doctrine was essentially a part of a plan for "peaceful coexistence" between the democracies and the communists, and may have been successful were it not for Nixon's downfall in 1974 and Ford and Carter's lack of continuity in the Doctrine.
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Answer:
The US Treasury invested billions of dollars in companies hit hardest by the crisis.
Taxpayer money was used to help several large financial firms stay in business.
Explanation:
The Troubled Asset Relief Program (TARP) was instituted by the U.S. Treasury following the 2008 financial crisis. TARP stabilized the financial system by having the government buy mortgage-backed securities and bank stocks. From 2008 to 2010, TARP invested $426.4 billion in firms and recouped $441.7 billion in return.
The Troubled Asset Relief Program (TARP) was instituted by the U.S. Treasury following the 2008 financial crisis.
TARP stabilized the financial system by having the government buy mortgage-backed securities and bank stocks.
From 2008 to 2010, TARP invested $426.4 billion in firms and recouped $441.7 billion in return.
TARP was controversial at the time, and its effectiveness continues to be debated.
1) In this passage Cortez is describing in great details the temples, the natives’ religion and how he tried to convince them that there was only one God they should worship. At first natives protested but them accepted the rules imposed by the conqueror.
2) Cortez describes in a very detailed version how the temples were built. He sounded surprised and amazed by the architecture of the temples as well as the decoration of idols. Evidence from the passage can be found in the following parts: “Among these temples there is one which far surpasses all the rest, whose grandeur of architectural details no human tongue is able to describe”, “The stone and wood of which they are constructed are so well wrought in every part, that nothing could be better done”, “Three halls are in this grand temple, which contain the principal idols; these are of wonderful extent and height, and admirable workmanship”.
3) According to the excerpt, Cortez did not agree or understand the religion of the natives, especially the part of human sacrifices. He tried to convince natives that there was only one God and that there was not such a thing as receiving favors from the Idols.