The United States had entered the conflict in Vietnam as the world’s superpower following its decisive victory over the Axis powers in World War II, but left Vietnam with a humiliating defeat, shockingly high casualties, American public sharply divided and its leaders uncertain of what lay ahead in foreign policy. The nation’s longest and most debilitating war – the only war the U.S. ever lost, had far-reaching consequences and impact on most aspects of American life from the economy, culture to domestic politics and foreign policy – some of which continue to do so today.The Vietnam War damaged the U.S. economy severely. The U.S. had poured some $168 billion into the war, but the real cost of the conflict was its impact on the economy.
After a few truly good years during 1962 – 1965 when there was low inflation, almost full employment and a favorable balance of trade<span>, </span>President Lyndon B. Johnson, who succeeded President Kennedy after his assassination in 1963, declared a “War on Poverty” through his “Great Society” programs while escalating the war in Vietnam at the same time.
However, his decision to finance both “guns and butter” – a major war and the Great Society simultaneously, without a significant increase in taxes unleashed an acceleration of inflation peaking at a runaway double-digit in mid 1970s.
Not until 1969 did President Johnson decided to introduce a 10% income tax surcharge, which is considered by many economists “too little and too late” and in turn also slowed down the economy. It’s worth mentioning that Congress would not allow that “surcharge” to be implemented until President Johnson agreed to cut $6 billion from domestic spending on Great Society programs. Despite their relative success, Johnson could have undoubtedly spent more on these programs had he not had to pay for the war abroad, which Martin Luther King, Jr. had referred to as a “America’s tragic distraction” at the beginning of Johnson administration
<span>The Romans created a system of laws that they could use thoughout their empire. Roman's laws have influenced democracy. some of the most important principles of roman law were: equal treatment under the law; innocent until proven guilty.</span>
Answer:
The Indians made no use of it,
Explanation:
Puritan minister in Boston justifies the colonists' acquiring Indian land for little to no payment. “The Indians made no use of it,” he asserts, “but for Hunting.” own Blood to drink, in lieu of what they had most barbarously shed of their Neighbour
<span>A
graphic organizer is a plot used to arrange a sequence of events by placing it
from the first event until the last event. It is placed in boxes and is connected
by lines. A graphic organizer can be used for summarizing a novel, a book or a
procedure of an experiment.</span>
From all the statement above, I'd say that an accurate description of how social contract theory influenced the structure of American government is shown by the affirmation: Social contract theory influenced the balance between individual rights and governmental powers. The answer to your question is D. I hope that this is the answer that you were looking for and it has helped you.
