Answer:
Explanation:
It should be understood that the nominal GDP is the total value of all goods and services produced in a given time period, usually quarterly or annually with inflation, while that of Real GDP is the inflation-corrected value of goods.
This means that the inflation during year B is higher than that of year A and that's why the nominal GDP of year B is a bit lower than that of year A.
Answer:
During the First World War in the United States, industrial output increased by 25%, and the capacity of primary industrial engines - by 31%. During the war, in the USA, a number of new industries were created and developed. Crop harvest increased by 18.3%. US foreign trade during the war has tripled.
As a result of a significant increase in US coal production, world coal production reached the pre-war level by the end of the war. The growth of labor productivity in the United States was due to an increase in the number of machines used in coal mining.
The laws restricting immigration that came into force after the First World War sharply reduced the number of foreigners who could enter their permanent residence, until the end of the Second World War, strict quotas strictly limited entry to the United States, and the number of immigrants never even reached 100 thousand people. in year
At that time, approximately half of the population lived on farms or in small towns. Rural villages in the United States embodied the values that were respected by the inhabitants of the country, and the myths taught by the younger generation. Big cities were mainly located in the east of the country.
Ten million people, who made up a third of the entire US workforce, worked on farms. Several million women also belonged to the workforce. 1.7 million women worked as office workers or typists. In 1917, the workforce was 42 million US residents. Over this year, more than a million accidents that led to injuries occurred in American factories and mines, and more than 25 thousand people died at workplaces. The law on the minimum wage has not yet been adopted at the federal level, and safety regulations were hardly observed.
Explanation:
Answer:
Truman pledged that the United States would help any nation resist communism in order to prevent its spread. His policy of containment is known as the Truman Doctrine.
Explanation:
Hope this helps.
It was the "Battle of Lake Erie" that established the U.S. Navy as a strong fighting force, since this took place against what was thought to be a superior British Navy.
