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to make citizens trained in the arts, and to prepare them for both peace and war. It was aimed at the cultivation of the students' physical, mental, and moral qualities.
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C.)Latin America was commercially dominated by the United States. Similarly, China’s economy was controlled by Japan and other countries.
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Imperialism is the practice by which powerful nations seek to extend and maintain control or influence over poorer nations or nations. American imperialism under Latin America came from a commercial perspective, in which nations became dependent on the American market to export their products, giving the US a power of influence to decide even on domestic issues in those countries. The same was true of Japanese imperialism under China. In the first half of the twentieth century, China was essentially rural and Japan was an influential power that dominated China commercially, even invading Chinese territories.
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In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change. For example, in the standard text perfect competition, equilibrium occurs at the point at which quantity demanded and quantity supplied are equal.[1] Market equilibrium in this case is a condition where a market price is established through competition such that the amount of goods or services sought by buyers is equal to the amount of goods or services produced by sellers. This price is often called the competitive price or market clearing price and will tend not to change unless demand or supply changes, and quantity is called the "competitive quantity" or market clearing quantity. But the concept of equilibrium in economics also applies to imperfectly competitive markets, where it takes the form of a Nash equilibrium.
