History, 30.07.2019 04:30 needhelpwithHW10

How does a nation respond to economic, political, and social challenges?

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As to how a nation responds to economic, political and social challenges, though American readers may not agree, I think at the moment Venezuela is the best example of this. Venezuela at the present time has been cruelly sanctioned only for pursuing an independent policy and exercising its sovereignity. Also, it faced the most barbaric riots by the extreme right opposition where they burned some people alive! The government has constantly appealed to the opposition for talks aimed at resolving differences and completed a series of these in the Dominican Republic. At the same time it has maintained its committment to the welfare of the majority of the people handing over housing units for example up to 1 million I believe recently. Economically, it has started a new crypto-currency to counteract the US economic sanctions and dependence on the US dollar and has reached out to Russia and China for economic trade deals.

Answer from: ewymer3901

There are measures to deal with all of these difficulties, but the most compelling long-term plans for increasing productivity cannot be decreased to a single formula. Sadly, part of the conventional political response to an economic change is the desire that something is arranged immediately. And, during the continuing economic difficulties, there is a system that seems to have served well so far: currency devaluation.

It is a strategy that has had victory in Japan, where a vulnerable yen is the only true success of Abenomics, and in Europe, where a vulnerable euro is serving to stave off depression. Europeans also like to keep that a vulnerable dollar was back the US economy’s speedy rebound. Now it is China’s turn to believe that currency devaluation will improve it recapture competitiveness.

The problem, of course, is that all nations’ currencies cannot devalue together. In the consequence of the Great Depression, attempts to do exactly that strained authorities to use frequently protectionist business plans, squeezing growth for times. The protectionist pressure has been removed from the acknowledgment to the contemporary change so far, but that could increase.

Answer from: Quest

the answer is b your welcome : )

Answer from: Quest

c is the correct answer for this question.

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