Answer:
June 26, 1945, San Francisco, CA
Explanation:
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Answer:
Absolute advantage: The ability to produce more cheaply.
Comparative advantage: The existence of lower opportunity costs than competitors.
Specialization: The performance of a particular task within an economic system.
Protectionism: The existence of barriers to free-flowing trade.
Explanation:
The four terms that are defined above have to do with trade and the economic theories behind the different trade policies that countries employ. Protectionism is employed when countries want to avoid trade with outside countries and to lower competition with outside countries. Therefore, a country may impose tariffs that make importing goods very expensive. A country will have an absolute advantage in a product if they can make it much cheaper than another country. For example, timber products in Canada will cost less because they have an abundance of forests compared to other countries. A country may have an absolute advantage in one industry but that still may not be its comparative advantage. The country will have to weigh the trading opportunity costs are. Say that one country has no farmland but it has lots of oil. The other country has farmland and oil, but is willing to forgo trading oil in order to trade food for oil with the other country because the opportunity costs for forgoing oil are lower. Now the second country has a comparative advantage in food and the first country has a comparative advantage in oil. David Ricardo believed that comparative advantage would lead to specialization as in countries would specialize in the products they have a comparative advantage in.
The Tower of London was built in the year 1078 by King William, Duke of Normandy.
This Tower is more than 1000 years old and is the oldest palace, fortress and prison in Europe. History tells us that King Edward of England failed to keep a promise to give his throne to William, Duke of Normandy but instead gave it to Harold Godwinson, his English brother in law.
William became angry and sent his army across the English channel to conquer England and on October 14, 1066 he fought with Harold and won the battle. Later that year on Christmas day, William was crowned King.
To keep the unruly citizens of London in line, he decided he needed a stronghold and so he built the Tower to act as his fortress.
With time, other smaller towers, extra buildings, walls, and walkways were added gradually transforming the original building into the splendid example of castle, fortress, prison, palace and finally museum that we enjoy today.
The Tower of London is a tourists attraction today.
Juan Seguín,Served with Travis at the Alamo but survived because he was sent out as a messenger to warn Sam Houston about the events at the Alamo.
Answer:
The answer is below
Explanation:
The Reconstruction Finance Corporation was conducted under former the United States President Herbert Hoover. It was one of his responses to the Great Depression period. It was established in 1932.
The three areas that the Reconstruction Finance Corporation provided financial support to from 1932-1957 are:
1. Banks and Railroads
2. State and Local governments
3. farm mortgage associations and other businesses.
