The 1819 Panic was the first financial crisis in the U.S which brought about a conflict between the members of the Democratic-Republican party. This was because the Northern industrialist wanted high tariffs compared to the southern plantation who were not for the idea. The Panic was the first major peacetime financial crisis in the United States that exacerbated tensions within the Republican Party. <em>The Panic further provoked sectional tensions as the northerners advocated for higher tariffs, unlike southerners who rejected their support for the nationalistic economic programs.</em>
A probably because the people had the right to choose who they want ruling for us
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The growth of the African population was aided by the Western medicine introduced by Europeans. Africans were introduced to formal education by Europeans. They also improved the African infrastructure with the addition of road systems, railroads, water, electricity, and communication systems.
In both cases the colonizing European powers introduced new infrastructure in order to benefit themselves economically. This infrastructure was intended to increase trade by exploiting the native country for goods and easily transporting them to port cities.
From the late 1800s through the early 1900s, Western Europe pursued a policy of imperialism that became known as New Imperialism. By the 1870, it became necessary for European industrialized nations to expand their markets globally in order to sell products that they could not sell domestically on the continent.
Early mercantilism meant primarily aiming to reduce imports. This issue is related mainly to articles of luxury. The mercantilists believed fact that the foundation of the wealth of the state is a positive trade balance - the dominance of exports over imports. Source of such beliefs lay still in the medieval practice of governance - the monarchs gather financial reserves necessary for an effective policy. <span>However, in the developed theory of mercantilism, welfare of the residents and the strength of the state directly combined with the development of the industry. It is associated with it hopes for economic self-sufficiency of the country. In addition, the mercantilists preached direct relationship between economic power of the country's human potential.</span>
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B.)Standing up to Cuba and the Soviet Union is dangerous but necessary.
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