MicroEconomics Case Study 1 Cold War Relationship Between US and USSR What would happen if the larger country decided to increase military production? Explain your answer using the concepts of economic efficiency and opportunity costs. The Production Possibilities Frontier is best described as a line demonstrating the maximum level of production of one good for every production level of some other good. It is a graphical device used to illustrate the concepts of scarcity & how it necessitates
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September 1950‚ was a great military success for the USA. It was a high risk strategy; there was a large tidal change‚ no beaches‚ and a high possibility that the Koreans would mine the area. MacArthur appointed Lieutenant General Edward Almond with the 1st Marine Division to spearhead the attack. The leader of North Korea‚ Kim Ill Sung‚ was taken completely by surprise and therefore no mines had been placed on the harbour‚ despite Mao (the Chinese leader) warning him that this was likely US move
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Did you know that the USA and Finland both have wolves‚ lynx‚ and bears common? They have a lot of similar qualities when you look at their animals. If you compare outdoor leisure at these 2 locations‚ you will find that they have much in common. I you are looking for a different place that has these certain similarities‚ then Finland would be good for you. Finland and the USA have a lot similarities when it comes to animals. In Finland‚ the national bird is the Whooper Swan. The have a list called
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I argue that World War I and World War II ended in peace attempts‚ however the ending of World War I focused on putting blame on other countries‚ whereas World War II aimed its efforts towards lasting peace. The ending of World War I encouraged blame and continued imperialism‚ which lead to depression and unresolved issues. The 1919 Treaty of Versailles was the single most important peace treaty between Germany and Allied Powers‚ which ultimately ended the Great War. This treaty required Germany
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In Fussell’s novel “Wartime: Understanding and Behavior in the Second World War Summary & Study Guide‚” he critiques the media and how they portrayed World War II. During World War II graphic posters were being posted and displayed for the public to see. In Chapter One of the novel Fussell talks about posters involving a paratrooper slowly descending to the ground covered in blood with his head hung. The lifeless body of a paratrooper falling to the ground shows people a graphic image that shows
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The Cold War is the name that is given to the relationship between the USSR and the USA after World War II. It was essentially an ideological struggle between the USSR and the USA. Both the sides were trying to impose their political model as the dominant global one. For over 40 years (1945-1989) the USSR was in constant conflict with the USA‚ but it was a conflict that never ended up as open warfare. It stayed as a “Cold War” as both sides were trying to destroy each other through economic and political
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Greece after the Peloponnesian War: • Nature and impact of the Spartan hegemony; role and significance of Lysander‚ Agesilaus - Sparta won the Peloponnesian War. The war had ruined many states economically and spiritually. A true leader was needed. Thucydides believed Sparta would unite Greece and lead through goodwill. However‚ during the war Sparta had medised and sold the Ionian states to the Persians. Sparta could hardly claim to be the ‘liberator of the Greeks’. - Sparta had however earned
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Why was central planning abandoned in Eastern Europe and the USSR? Abstract “If a universal mind existed‚ of the kind that projected itself into the scientific fancy of Laplace – a mind that could register simultaneously all the processes of nature and society‚ that could measure the dynamics of their motion‚ that could forecast the results of their inter-reactions – such a mind‚ of course‚ could a priori draw up a faultless and exhaustive economic plan. The bureaucracy often imagines that just such
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the United States experienced 4 years of civil war that divided the country until well after the conflict ended. The antecedents of this war were a series of laws that the North implemented to the South in 1860. Lincoln was in charge of the government and the conflict was related to slavery abolition and protectionist measures that affected the southern economy. In 1861‚ eleven southern states separated and formed the Confederation. When the war began there were few military leaders and each
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that happened after the civil war. The civil war has caused a large separation between the south and north. From all the damage that happened between the two states of slavery getting involved and separation made Lincoln make a reconstruction to make the north and south one big state at the end. The north had passed the 13th‚ 14th and 15th amendment to protect the African-Americans and slaves who lived in the two states. The 13th amendment was passed to end slavery. The 14th amendment was passed to give
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