<span>Lower interest rates make it cheaper to borrow. This tends to encourage spending and investment. This leads to higher aggregate demand and economic growth. This increase in aggregate demand may also cause inflationary pressures.
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During World War II, the United States and the Soviet Union fought together as allies against the Axis powers. However, the relationship between the two nations was a tense one. Americans had long been wary of Soviet communism and concerned about Russian leader Joseph Stalin’s tyrannical rule of his own country. For their part, the Soviets resented the Americans’ decades-long refusal to treat the USSR as a legitimate part of the international community as well as their delayed entry into World War II, which resulted in the deaths of tens of millions of Russians. After the war ended, these grievances ripened into an overwhelming sense of mutual distrust and enmity.
Postwar Soviet expansionism in Eastern Europe fueled many Americans’ fears of a Russian plan to control the world. Meanwhile, the USSR came to resent what they perceived as American officials’ bellicose rhetoric, arms buildup and interventionist approach to international relations. In such a hostile atmosphere, no single party was entirely to blame for the Cold War; in fact, some historians believe it was inevitable.
The Cold War: Containment
By the time World War II ended, most American officials agreed that the best defense against the Soviet threat was a strategy called “containment.” In his famous “Long Telegram,” the diplomat George Kennan (1904-2005) explained the policy: The Soviet Union, he wrote, was “a political force committed fanatically to the belief that with the U.S. there can be no permanent modus vivendi [agreement between parties that disagree].” As a result, America’s only choice was the “long-term, patient but firm and vigilant containment of Russian expansive tendencies.” “It must be the policy of the United States,” he declared before Congress in 1947, “to support free peoples who are resisting attempted subjugation…by outside pressures.” This way of thinking would shape American foreign policy for the next four decades.
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Yes.
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Most deserts can get boiling hot during the day, but freezing at night.
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The Greeks had rituals and festivals for gods and goddesses to worship them, if they did not do this the gods would be angry and give them a punishment for what they have done. For example, one king forgot to give Artemis her share of a sacrifice and she sent the Calydonian boar to terrorize the city.
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Protestant Reformation and Subsequent Catholic's
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Changes in Europe that led to the discovery of America included the Protestant Reformation, in which Martin Luther and others broke from the Catholic Church, as well as the Subsequent Catholic's, or rebirth of cultural and intellectual life in Europe, that encouraged innovation, freedom of thought, and an emphasis on human abilities.