The advantage a permanent capital city has it avoids the need to harvest investments at artificially created time horizons.
<h3>What is permanent capital?</h3>
Permanent capital refers to an investment for an indefinite period in an underlying vehicle. The vehicle can be any form of corporation, trust, or partnership.
Permanent capital was an aspirational concept in private equity. By leveraging the optionality and understanding the limitations of permanent capital, managers use it for enhancing their business.
Learn more about Permanent capital here:
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In 1902, American civil government took over administration of Philippines.
Answer:
C: The Great Leap Forward
Explanation:
“The Great Leap Forward of the People's Republic of China was an economic and social campaign led by the Chinese Communist Party from 1958 to 1962. Chairman Mao Zedong launched the campaign to reconstruct the country from an agrarian economy into a communist society through the formation of people's communes.” And
“The Great Leap Forward campaign began during the period of the Second Five Year Plan which was scheduled to run from 1958 to 1963, though the campaign itself was discontinued by 1961.”
Says Wiki
The cultural revelation lasted from 1966-1979. So this would come after the Great Leap Forward
Russia agreed to remove it's missiles from cuba so war was avoided