Higher Prices due to the lack of incoming goods and capital.
Answer:
During the summer of 1998, the Russian economy was primed for the onset of a currency crisis.In an attempt to avert the crisis, the CBR intervenedby decreasing the growth of the money supply andtwice increasing the lending rate to banks, raisingit from 30 to 150 percent. Both rate hikes occurredin May 1998, the same month in which the Russianstock market lost 39 percent of its value.
<u>Answer:</u>
The United States acquired the Philippines as a result of the Spanish-American war.
<u>Explanation:</u>
- The Spanish American war was the result of the dispute among the states in 1898.
- The war was ended by signing the 'treaty of Paris'. This treaty included that the power to rule Philippines along with 'Cuba Puerto Rico', and 'Guam', was shifted to US.
- This treaty also involves that the shifting of sovereignty of Philippines to US needed a compensation of 20 million to Spanish government.
The Heliocentric view comes from the idea that t<u>he sun is the center of the universe and all planets revolve around it</u>. It's the opposite of geocentric which states that the earth is the center whilst the sun revolves around it.
Answer:
the farming is very productive in the South as well. ... as the region become dependent on farming and crops, huge textile mills and plantations were built, and the new factories attracted businesses which began to build down South, starting the growth of new cities.
Explanation:
