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The war officially ended with the February 2, 1848, signing in Mexico of the Treaty of Guadalupe Hidalgo. The treaty added an additional 525,000 square miles to United States territory, including the land that makes up all or parts of present-day Arizona, California, Colorado, Nevada, New Mexico, Utah and Wyoming
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<em>After the increase in technology, machinery and equipment became the most valuable sources of capital.</em>
Explanation:
During Pre-Industrial societies the most valuable sources for generating income and wealth were Land and labor. Anyone with abundant agriculture land could hire people to work on them and earn a good living.
However, with the industrial revolution, automation and efficiency became more valuable and only those who could employ and run the latest machinery and churn out high-demand products, would become wealthy.
Kerner Commission<span> after its chair, Governor Otto </span>Kerner, Jr. of Illinois, was an 11-membercommission<span> established by President Lyndon B. Johnson in Executive Order 11365 to investigate the causes of the 1967 race riots in the United States and to provide </span>
In the 1970s, the supply of gas was affected by price controls imposed by the Nixon administration and then by an oil embargo by Arab members of the Organization of Petroleum Exporting Countries (OPEC).
As a political move aimed at pleasing voters, President Richard Nixon announced in 1971 (prior to his reelection campaign of 1972), "I am today ordering a freeze on all prices and wages throughout the United States.” The wage and price controls the Nixon administration sought to put in place interfered with natural market forces and oil supplies were reduced. That problem was magnified in 1973 when oil exporting countries in the Arab world imposed an embargo on supplies to the United States due to US support of Israel in a war that Israel was fighting against a coalition of Arab states.
Both factors -- lingering efforts at price controls and continued control of the oil and gas market by OPEC nations -- played into the long lines at gas pumps seen in America in the 1970s.