The Revolution's most important long-term economic consequence was the end of mercantilism. The British Empire had imposed various restrictions on the colonial economies including limiting trade, settlement, and manufacturing. The Revolution opened new markets and new trade relationships.
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September 11 signaled the end of the age of geopolitics and the advent of a new age—the era of global politics. The challenge U.S. policymakers face today is to recognize that fundamental change in world politics and to use America’s unrivaled military, economic, and political power to fashion an international environment conducive to its interests and values.
For much of the 20th century, geopolitics drove American foreign policy. Successive presidents sought to prevent any single country from dominating the centers of strategic power in Europe and Asia. To that end the United States fought two world wars and carried on its four-decade-long Cold War with the Soviet Union. The collapse of the Soviet empire ended the last serious challenge for territorial dominion over Eurasia. The primary goal of American foreign policy was achieved.
During the 1990s, American foreign policy focused on consolidating its success. Together with its European allies, the United States set out to create, for the first time in history, a peaceful, undivided, and democratic Europe. That effort is now all but complete. The European Union—which will encompass most of Europe with the expected accession of 10 new members in 2004—has become the focal point for European policy on a wide range of issues. The North Atlantic Treaty Organization has evolved from a collective defense alliance into Europe’s main security institution. A new relationship with Russia is being forged.
Progress has been slower, though still significant, in Asia. U.S. relations with its two key regional partners, Japan and South Korea, remain the foundation of regional stability. Democracy is taking root in South Korea, the Philippines, Indonesia, and Taiwan. U.S. engagement with China is slowly tying an economically surging Beijing into the global economy.
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Adam smith was a philosopher who wrote about capitalism.
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Although scholarly debate continues about the exact causes of the Revolution, the following reasons are commonly adduced: (1) the bourgeoisie resented its exclusion from political power and positions of honour; (2) the peasants were acutely aware of their situation and were less and less willing to support the
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Please mark brainliest, the answer is:
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Top Left!
