"The second “decline” of the U.S. economy took place in the 1970s and 80s. America’s international economic position fell markedly by the end of the 1960s and beginning of the 1970s. In 1970, the export trade of the six countries of the European Community accounted for 27.6% of the world total, more than doubling that of the United States (13.7%). The figure for Japan was 6.2%. In 1971, the United States suffered from a trade deficit, though the amount was small ($2.2 billion). Shortly, it rose to $6.8 billion in 1972, and since then, it occurred almost every year, which was totally different from what was before the 1970s. The case for Japan was just the opposite. Not only Japan experienced fast increase of its export trade but it also earned a surplus of $300 million in 1965 for the first time since the end of World War II. Its surplus increased annually to reach $5.17 billion in 1972, almost as much as the deficit ($6.8 billion) suffered by the United States in the same year. As regards the world gold reserve, the United States accounted for 29.9% of the total in 1970, which was much less than the European Community (36.9%). The position of the US dollar, though remaining the world’s principal reserve currency and settlement currency, had been clearly weakened, and that of the Deutsche mark and Japanese yen markedly risen. The “dollar shortage” in the initial years after World War II gradually became “dollar oversupply”. This eventually led to the dollar crisis in the early 1970s. In 1971, the United States suspended the exchange of US dollars for gold, and various countries began to implement the floating exchange rate system. The Bretton Woods system centered on gold thus collapsed. This was an important symbol for America’s “decline”."
Most citizen, they like to get informations from newspaper. The information hiding in the paper is more like a parasite and it will erosion your cognitive perspection. People should learn how to critical the information that you got from newspaper. Critical thinking is important.
I have no idea im not that smart
<u>The 2012 Presidential debates:</u>
A presidential debate is an open discussion held during a general political race, where the competitors uncover their political suppositions and open approach proposition, and analysis of them, to potential voters. The themes examined in the discussion are regularly the most dubious issues of the time, and apparently decisions have been almost chosen by these discussions. Up-and-comer discussions are not naturally commanded, yet they are currently viewed as an inborn piece of the political decision process.
Talking time at the discussions was as per the following: At the main presidential discussion, Trump represented 45 minutes and 3 seconds; Clinton represented 41 minutes and 50 seconds. At the second presidential discussion, Trump represented 40 minutes and 10 seconds; Clinton represented 39 minutes and 5 seconds. A Gallup survey found that 72% of the discussion watchers trusted Romney was the unmistakable champ, 20% accepted that Obama had won, and 9% trusted it was a tie or had no supposition; the most stretched out edge of triumph for any presidential discussion in Gallup history.
Answer:
It was not well documented
Explanation:
says that it was documented good
