The XYZ affair led to a period of anti-French sentiment in the United States, which was problematic as the French has been the key ally during the American revolution some 20 years before and was one of the primary reasons the United States was able to defeat Great Britain.
However, over those 20 years, France had undergone a revolution of their own and the United States decided to remain neutral in France's war against Great Britain.
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Natural Resources. The discovery of more natural resources like oil, or mineral deposits may boost economic growth as this shifts or increases the country's Production Possibility Curve. ...
Physical Capital or Infrastructure. ...
Population or Labor. ..
Human Capital. ...
Technology. ...
Law.
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Explanation:
The reason we celebrate American Independence Day on the Fourth of July is because that represents the Declaration of Independence and the birth of the United States of America as an independent nation.