Answer:
Cold War tensions were intensified by the space race because both sides wanted to be the first to have a man orbit the Earth or land on the Moon due to the morale boost that it would provide. ... The moon landing would be a turning point in world history and both sides desperately wanted their chance at history.
Explanation:
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Answer:
Codependency in market can be afflicted by a unique pathology, which can lead to either economies felling cheated or overburdened.
Explanation:
A good example of codependent markets is market between the United States of America and Peoples' Republic of China.
America as industrial economy with high consumption rate has savings problems and has relied on Chinese surplus savings to shore up her budget deficits overtime
China has increasingly turned to America for as her sustenance and anchor her economic development strategy on America. On the other hand America needs China for economic growth.
Over time America has relied on the vast saving from China to grow her economy, leading to most Chinese buying up American treasuries and other securities. America, unconsciously and systematically outsourced her basic production lines to China and import basically everything from china. At the same time providing China with the technology and strategy to grow her economy.
The whole world tends to depend on China for most of commodities. China has vast exporting machines and has also advanced rapidly in science and technology. Employment grew in China as well as consumption rate. Now China sits at advantage of having export ability and local consumption economy.
This is not going down well with America, resulting in many trade wars and imposition of tariffs to Chinese goods. America had wanted China to be part of the Briton Woods of global lending economy due to her surplus savings, but China has decided to go the way of Silk road fund and others.
Finally, of the two economies, the export economies benefits most from the symbiotic relationship between the industrial economies and export economies.
Answer:
In 1681, King Charles II handed over a large piece of his American land holdings to Penn to pay the debts the king owed to Penn's father. This land included present-day Pennsylvania and Delaware.
Spain closed the lower Mississippi River to American trade because if American relations with Great Britain were poor, affairs with Spain were worse. Spain, which held Florida as well as lands west of the Mississippi River, was anxious to halt American expansion into the territory it claimed. As a result, Spain closed the lower Mississippi River to American shipping in 1784.
