Government policies affect market economies in numerous ways. The largest areas of government intervention in the economy are through Fiscal and Monetary Policy. Fiscal Policy is when the government decides to use revenues obtained through taxation to influence the economy. An example of this is when the US Government bailed out failing financial institutions in 2008 after the financial collapse by using citizens tax dollars to influence the economy. Monetary policy is when the government uses control of the money supply to influence the economy. An example of this is when the US Government buys or sells U.S. Treasury bonds at different rates to increase or decrease the amount of money in supply which influences interest rates and the overall economy. Another example by which the U.S. Government influences the "free market" is by imposing tariffs and quotas on US imported goods. These are essentially barriers or taxes on goods entering the U.S. Market. An example of this could be a 5% Tax on (x) good that is imported from China.
The Supreme court was involved in the case, but the people who argued for their clients were Addis Emmet and Thomas J. Oakley argued for Ogden, while U.S. Attorney General William Wirt and Daniel Webster argued for Gibbons.
The outcome of the Korean War increased tension between several world's superpowers during the Cold War.
- Because it demonstrated that the two superpowers, the United States and the Soviet Union, could engage in a "limited war" in a third nation, the Korean War was crucial in the evolution of the Cold War.
- America intended to stop the domino effect as well as keep communism in check. Truman was concerned that Japan, which was crucial for American trade, might fall next if Korea fell. This was most likely the main justification for America's engagement in the conflict.
- Government expenditure on the Korean War increased GDP growth, which in turn restrained investment and consumption. Taxes were greatly increased to pay for the war, while the Federal Reserve pursued an anti-inflationary strategy.
Thus this was the aftermath of Korean war.
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Answer:
Correct answer is none of the choices.
Explanation:
According to this Compromise those states that had a large population of slaves could count only three fifth on them while calculating the number of representatives in Congress.
Therefore, none of this options is not correct. They were not counted 3/5 of a person, but only 3/5 of them could be counted as individuals who are living in certain state.
