Major economic problems in the Philippines are very similar to the economic problems in other underdeveloped countries. Some of the major pinpointed problems are the import-export imbalance‚ causing those who specialize in trade and make their living off of imported and exported goods to lose money. The imbalance causes families that are forced to survive off of this small income to wonder if they are going to eat the next week or not. One week there are plenty of orders to keep a family and company
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Why did Australia fight in Vietnam? Retro 2‚ p. 202-203. One land many stories‚ p. 182-183 Inquiry question. Why was Australia involved in the Vietnam War? How did various groups respond to Australia‟s involvement in the Vietnam War? From 1962 until 1972 Australia was involved in the Vietnam War. Approximately 47 000 Australian men and a large number of women severed there. The decision to commit troops to the conflict centred on the fear of communism. Why did Australia become involved
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all. In the late 1800s‚ blue-collar workers carried their lunches to work in metal pails‚ which protected their food from the rigors of the workplace. In fact‚ your lunch pail illustrated your place on the economic scale -- a lunch pail meant you couldn’t afford a hot noontime meal. This didn’t stop children from wanting to emulate their working parents‚ however. Soon enough‚ kids fashioned their own lunch pails from tin boxes that were originally used to hold cookies or tobacco. Early mass-produced
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American revolutions - Throughout the 19th century British‚ Spanish‚ French‚ and Portuguese colonies were fighting for their independence. As Secretary of State and later as President‚ John Quincy Adams dealt with how the United States would respond to these revolutions without angering European powers. The United States chose to stay out of the affairs of these Latin American countries for that very reason. " First Seminole War - After the War of 1812‚ General Andrew Jackson‚ went into Spanish Florida
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. THE ECONOMIC PROBLEM AND ECONOMIC SYSTEMS The economic activity of a society consists of activities related to the production and consumption of goods and services. Since earliest times‚ the primary function of organized society has been economic in nature. The other elements of civilized society -- architecture‚ literature‚ music‚ etc. -- emerge only after the material needs of the society have been amply provided for. Poor societies do not build great pyramids‚ erect magnificent cathedrals‚ or
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Born into poverty on the South Carolina frontier in 1767‚ Andrew Jackson understood all the disadvantages of being poor. Therefore‚ as the seventh president of the United States‚ Jackson made sure that his abilities were put to good use. He made sure that the common people had the same opportunities and benefits as the riches. An example of this heroic action is his battle with the Bank of the United States (263). President Jackson saw that the National Bank benefited wealthy eastern depositors
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Key terms: Definition: Opportunity cost The cost of missing out on the next best alternative. Economic goods Goods that are scarce and therefore have an opportunity cost. Free goods Goods that have no opportunity cost‚ e.g. Air Factor market The market for the factors of production that make other goods and services such as labour or raw materials. Free market economy One in which there is very limited government involvement in providing goods and services. Division of labour
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In much of the country in the late nineteenth century‚ social tensions were defined in terms of rich versus poor‚ native-born versus immigrant‚ and worker versus capitalist. In the states of the former Confederacy‚ despite all the calls for a New South in the years after Reconstruction‚ tensions continued to center upon the relations between blacks and whites. Throughout the late 19th century‚ 4‚743 lynchings occurred in the United States. Most of these people that were lynched were black
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the immigrants made some economic contributions. For the Malays‚ traders from various parts of the Malay Archipelago brought straits produce from their hometowns to Singapore. They helped to increase Singapore’s trade and the variety of goods traded between Singapore and other countries. This made Singapore a more popular trading centre. Also‚ As the Malay population grew‚ the Malays took up other forms of business. They became shopkeepers‚ hawkers and fishermen. The early settlers were able to buy
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_MUSSOLINI ’S SOCIAL AND ECONOMIC POLICIES_ When Mussolini seized power in1922‚ Italians had high expectations of him in solving the numerous social and economic problems Italy had. As the new dynamic leader‚ Mussolini wanted to solve these problems because the success of his policies would lead to his increase of popularity as the _Duce_ and contribute to his consolidation of power. Although his policies brought changes to Italy‚ they were also one of the causes of the downfall of fascist Italy
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