Question- How many years (in total) did each of the nations claim Louisiana?
School Level- Middle School
Subject- History/Social Studies
Answer- The Louisiana Purchase was the acquisition of the territory of Louisiana by the United States from France in 1803. In return for fifteen million dollars, or approximately eighteen dollars per square mile, the United States nominally acquired a total. Acquisition of Louisiana was a long-term goal of President Thomas Jefferson
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Explanation:
Economic systems are organized way in which a state or nation allocates its resources and apportions goods and services in the national community. An economic system is slackly defined as country’s plan for its services, goods produced, and the exact way in which its economic plan is carried out. There are three types of economic systems exist, they are command economy, market economy, and mixed economy. Command economy is also sometimes called planned economy. The expectations of this type of economy is that all major decisions that related to the construction or production, distribution, commodity and service prices are all made by the government. However, in market economy, national and state governments play a…show more content…
Businesses can decide which goods to produce and in what quantity and consumers can decide what they want to purchase and at what price. The role of the state is limited to ensure right precision in the prices charged by the sellers. Prices also have the function to allocate and distribute a country’s resources. Market leads to complete effectiveness bringing about the best possible distribution of a country’s resources in a perfect world. This would only happen in a state of equilibrium and there is a unique price for every commodity. But in a realistic world which is imperfect by nature, prices are never at equilibrium and very unstable depending upon the vagaries of the market forces. This generally harms people living below the poverty line. It is impossible for them to pay high prices in cases of demand shortage. Thus, the free market model is not a viable option in developing countries which has a large number of poor. Besides, producers are aim to minimize profit and maximize rent of production. Examples of countries that are using this economy system are Hong Kong, USA, and UK. Many developing countries like India and China are moving towards totally free-market economy. The command economy is government directed. The market forces have very little say in such an economy. There is no private property. On the other hand, a command economy aims at using all available resources for developing either
Displacement is the word we use for the distance covered so in this case when a car travels 20 meter east in 1 second, at the end of that 1 second interval a car travels a distance of 20 meter.
And the distance covered is the displacement, so it means that displacement of the car after 1 second is 20 meter east.
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In 1865 President Andrew Johnson implemented a plan of Reconstruction that gave the white South a free hand in regulating the transition from slavery to freedom and offered no role to blacks in the politics of the South. The conduct of the governments he established turned many Northerners against the president's policies.
I am the way the truth and the light he who comes to me will not parish but have everlasting life.
