Yes but it would require a lot of work, money, and the economy would suffer at first. The first route is to slowly diverge and start importing from other countries. The other countries will use the money to start to produce things we request. This will happen over a long amount of time as other countries go through a sort of revolution and gain new ties with the U.S. The economy will suffer for years and things will become more expensive but in the long run our economy will stabilize and receive things it couldn’t have had before due to industrialization in baren countries and China continues to suffer as they cannot rely on the U.S. for major export.
Answer:
A
Explanation:
when ever a bill, policy, law ect people vote on it.
I believe the first option
Answer:
Explanation:
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WESTERN ECONOMY
Part of the reason why the western economy was booming is because of America who had given money to the western countries and even allowed eastern countries to get some economic aid but were not allowed to due to the Soviet watching them like a hawk. I think it is known as the Marshall plan. Also, capitalism is another reason for the Western's economy as capitalism allows economic freedom, consumer choice, and economic growth.
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EASTERN ECONOMY
Firstly, part of the reason why the eastern economy was not doing very well is due to them following the communist ideology where there are no social classes like upper and lower classes. This seemed like a very great idea on paper but in reality, it did not allow the Soviet economy to flourish as much as the communist. I also believe that it is also partly due to people escaping to the Western countries (like Allied-controlled Germany) as their country seemed well off compared to war-torn Soviet-controlled Germany.
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! HOPE I HELPED !