<em>Globalization</em> is a process that aspires to enlarge bussiness operations around the world, making use of technological advancements, as well as political and socioeconomic development.
On developed countries, it was proven beneficial as it led to economic growth. But on developing ones, it was harmful to their economy as the costs of it, outweighted the benefits. Although <em>free trade</em>* boosts opportunities for international trade, it also rises the risk of failure for smaller companies that cannot compete internationally.
*Free Trade: policy that erases discrimination against imports and exports.
Answer:
B - The leaders of Great Britain and the Solviet Union supported dropping the bomb.
Explanation:
The Potsdam Declaration was issued by The US, Great Britain, and China in 1945.
Answer:
Congress passed the Federal Reserve Act in 1913, when the US had functioned without a central bank since 1836 because it wanted to end the numerous financial crises faced by the nation since its founding.
Primarily, the Federal Reserve Act of 1913 created the central bank of the United States. Its purposes included the printing of currency, control of money supply, maximization of employment, and the minimization of inflation.
Explanation:
The nation needed to enjoy economic stability by having a central bank that executes the monetary policies of the Federal government. The Federal Reserve Act provided the United States government with a safer, more stable, and more flexible monetary and financial system. Since its establishment, it has worked to ensure the enthronement of an efficient national payments system, flexible money supply, and effective lending/borrowing mechanism to ease liquidity crises for the facilitation of investments and industrialization of the nation.
The president elects them so Donald J. Trump
