Puerto Rico is located between the Atlantic Ocean and the Caribbean Sea. Puerto Rico is a self-governing commonwealth associated with the United States. All citizens born in Puerto Rico are considered US Citizens. The main language is Spanish and English‚ however‚ many other languages are spoken there. On November 19‚ 1493‚ Christopher Columbus found Puerto Rico accidently. He was look for food‚ supplies‚ and a place to rest. He named the island San Juan Batista. After he left no one visited the
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Compared to how the U.S was developing into a powerful country‚ Puerto Rico was a very poor place in the 1940s. If you were to look up a picture of New York in the 1940’s‚ you’d see that it’s quite similar to how it is nowadays in the sense that you see a lot of taxis/cars‚ a lot of businessmen‚ and a lot of skyscrapers. In the 1940’s‚ cities like the one I just mentioned didn’t exist in Puerto Rico‚ just a lot of countryside‚ therefore‚ there were a lot of mountains‚ a lot of farm animals‚ and the
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The Role of Money in the U.S. Economy If you ask the average person what money is‚ you are undoubtedly going to receive some very strange looks. Money is a concept that many people take for granted. We know that money allows us to acquire goods and services‚ but what is its source of value? Money is paper‚ which is for all practical purposes; no different than the paper this text is written on. How then would anyone in his or her right mind trade a tangible object (like a new stereo or television)
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fixed exchange rate system that fixes the exchange rate of Hong Kong Dollar and United State Dollar to a ratio of 7.8: 1 Hong Kong Monetary Authority does not need to stable exchange market by controlling the supply and demand of HKD. It can be stabilized by Fixed-linkage System. In the past 15 years‚ Hong Kong interest rates and exchange rates fluctuated in the same trend of the US interest rate and exchange rate. The graphs below show an example of interest rate and exchange rate respectively:
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How the Quantity of Money is Controlled The quantity of money available is called the money supply. In an economy that uses commodity money‚ the money supply is the quantity of that commodity. In an economy that uses fiat money‚ such as most economies today‚ the government controls the supply of money: legal restrictions give the government a monopoly on the printing of money. Just as the level of taxation and the level of government purchases are policy instruments of the government‚ so is the
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On September 16‚ 2017‚ Puerto Rican meteorologist Ada Monzón announced via Facebook live that a Category 5 hurricane with 175 mph winds is coming to the Caribbean Island‚ Puerto Rico. Did you know it’s the strongest Hurricane to hit Puerto Rico in over more than 80 years? It destroyed thousands of homes‚ flooded roads‚ fallen trees that blocked many highways and streets‚ 100% of the island with no power‚ electricity and no cell service communication. It has caused at least 13 deaths‚ hospitals are
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HOW TO SPEND MONEY WISELY Do you hate it when you really need money‚ but your wallet is empty? No matter how little or how much money you have‚ spending it wisely is a good idea. But how do you spend money wisely? People actually tend to overspend in a few specific areas. So‚following the steps below will improve your overall pocketbook health. First‚ come up with a budget. Financial experts suggest you track your spending for a few months so that you start work on your budget knowing where your
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SOS-292‚ TESC Abstract This paper will explore how Puerto Rico can reverse and reduce their current murder rate. I have developed several recommendations to help the Puerto Rican authority’s achieve this goal. I base my recommendations on research conducted from books like the CIA world Fact Book‚ Preventing crime: what works for children‚ offenders‚ victims‚ and places‚ along with other websites‚ and my own personal experience as a military police officer.
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Tourism in Puerto Rico Puerto Rico has many places to go to visit some are: beaches‚ hotels‚ museums‚ and restaurants. A place very visited is the most famous cave‚ the Rio Camuy Cave Park. It is the island show cave. The old San Juan history and tenancy may be the best reason for visiting. Today the city vibrates as a center of art‚ architecture‚ culture‚ shopping and fun. You can spend days just visiting its museums‚ churches‚ art galleries‚ parks and plazas. Visit for a hiking in the Guánica
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Political Science Department Honors Projects Macalester College Year A New State of Puerto Rican Politics: Framing the Plebiscites on Status Justin D. Bigelow Macalester College‚ jdbigelow@gmail.com This paper is posted at DigitalCommons@Macalester College. http://digitalcommons.macalester.edu/poli honors/5 A New State of Puerto Rican Politics: Framing the Plebiscites on Status Justin Bigelow Political Science Department Macalester College Advised by Professor Paul
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