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He wrote the 95 theses to protest the selling of indulgences.
<span>1. The Council of Economic Advisers described the U.S economy in the year 1981 as bleak, which it made it seem like the US economy would face a bad hit in the near future. But in contrast, on the year 1989 the economy was well and steadily improving.
2. First change was that real output grew by 4.2 percent. Nonfarm employment increased by almost 19 million jobs and the inflation rate fell from double digits averaging in about 3.3 percent.
3. According to the Annual Report of the Council of Economic Advisers the change in the U.S economy during the 1980’s was attributable to the economic policies fostered and implemented by the administration. Tax reform, Slower growth of federal spending and prudent monetary policy.
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Answer:
There were a lot of reasons which caused the fall of the Roman empire. The major problems were corruption and bribe at the state level, weaken army, political instability, Christianity the religion.
Explanation:
Corruption:
Because of corruption and political instability, Roman's economy was weakening. They had to buy expensive items from the East as they had well trade with them, but now the economy had fallen and they had nothing to exchange with them, administration started making new silver coins which led to inflation, prices rose and Germanic tribes disordered the flow of trade, especially in West The western half of the empire had a large trade deficit with the eastern half. The west purchased luxury goods from the east but had nothing to offer in exchange. To make up for the lack of money, the government began producing more coins with less silver content. This led to inflation. Finally, piracy and attacks from Germanic tribes disrupted the flow of trade, especially in the west.
Political Instability:
The civil war accelerated the empire into anarchy, and more than 20 men considered the dominion to the extent of only 75 years, normally after the killing of their ancestors. The Praetorian Guard, the emperor's personal guard slaughtered and established new monarchs at wish. The political corruption also spread to the Roman Senate, which worsened to anger the surpluses of the rulers due to its own unlimited rottenness and inability. In this situation, Romans lost their trust in their emperors.
Christianity:
Christianity replaced the polytheistic Roman faith, which saw the emperor as owning a sacred rank and diverted focus from the glory of State and above the only goddess.
Weaken Army:
Roman Empire had stretched from the Atlantic Ocean to the Euphrates River located in the Middle East. With such a large administrative land, the emperors faced a lot of administrative hurdles and logistic issues. Although they had a very strong and excellent road, they had failed to have effective communication with each other. They tried to hire more troops in their army to face the local rebels and outside attacks. But due to a lack of money, they were unable to hire professionals. In the second century emperor, Hadrian was compelled to the built wall in Britain to keep the enemy at bay.