It was Marshall Plan where the United States gave financial
aid to Europe to help them in recovering from the damages caused during World
War II. Apart from that they hope to
open trade, upgrade Europe’s industry and block Communism from spreading in
Europe.
Answer:
2
Explanation:
the great depression is when the stock market crashed and jobs were lost.
The State of Palestine is a de jure sovereign state. In other words, a state who is considered as a nonphysical entity. This government claims sovereignty over two territories:
- West Bank, which is a territory which borders Israel and Jordan.
- The Gaza Strip, which borders Israel and Egypt.
They also claim Jerusalem as their capital. Nevertheless, all of these mentioned territories are controlled by Jerusalem since the Six Day War in 1967.
Most of the Middle Eastern countries argue that Palestine should be handed sovereignty over these jurisdictions. However, the Western Powers are reluctant to do so and side with Israel.
Answer:
According to the algorithm that drives this word similarity engine, the top 5 related words for "mesopotamia" are: assyria, babylon, babylonia, iraq, and uruk
Explanation:
Answer:
1. What might be the costs of having such a large national debt?
When a country has a very large debt like the U.S., people may think that the country will not be able to pay off the debt. It's the same situation as a person who has a lot of debt, even more debt in a year than income in a year: people will believe that he or she will probably not be able to pay off the debt.
When this happens, people will invest less in the economy, the debt will become more expensive because the interest rate will be higher, and this in turn could lead Congress to enact policies such as tax hikes or debt renegotiations, which are always negative for an economy.
2. Did the promise that tax cuts would result in a growing economy that would pay for any budget shortfalls come true during the Reagan years?
Reagan's tax cuts did not lead to increases in tax revenue. On the contrary, tax revenue, as predicted by many, actually fell. This, in addition to increased military and social security spending, led to large budget deficits during the Reagan administration.
