Was there a double standard for Western countries in globalization? How did they demonstrate this to the world?
A) There was no double standard, as the same opportunities that existed in the West existed in the East.
B) The East was afforded much more latitude than the West in terms of loosing of currency exchange rates and investment rules.
C) There was a great disparity, as southern markets could not compete with the Western markets and agricultural legislation was favorable to those in the south.
D) The Federal Reserve Bank organized a multi-billion dollar loan to bailout Long Term Capital Management, whereas the Asians were not offered the same opportunity for their private financial companies that were failing.
E) None of these
D
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Until the mid-1970s, the rise in income in the United States __________.
The first phase of the Industrial Revolution began with what industry?
A) pottery B) textile C) iron D) chemical
Which of the following best describes fascist economics?
A) Mixed socialism without Marx and laissez-faire. B) Doled out government contracts to party supporters. C) Played workers and management against each other. D) Provided monetary support for the middle classes. E) Ended wartime industrial contracts.
For each historical identification question, define the term and briefly describe its historical significance. "stream of consciousness"
What will be an ideal response?