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Which of the following developments became known as the Nixon shock in the 1970s?
The United States ended the conversion of U.S. dollars to gold
Who ran in the 1972 presidential election?
Incumbent President Richard Nixon a faced South Dakota Senator called George McGovern. Nixon's running mate was Spiro Agnew (who he disliked entirely). McGovern chose Senator Thomas Eagleton of Minnesota as his running mate. When it was discovered that Eagleton had psychiatric illnesses had had received electric shock therapy, McGovern initially decided to stick with his running mate. He then did a U-Turn and changed his candidate to Sargent Shriver, John Kennedy's brother-in-law. This contributed to his image of being indecisive. Nixon was aided by the fact the economy was in good shape, the war in Vietnam was over and he had just made groundbreaking visits to China and the USSR. Nixon was quite moderate and many Demoocrats were satifisfied with having him in office while they controlled Congress; some even formed a "Democrats for Nixon" campaign. This meant McGovern's campaign was disorganised and lacked support, while the Republicans successfully portrayed him as standing for "Amnesty, abortion and acid". In the end, Nixon won by a landslide, with a majority of votes in 49 states, except for Massachusetts and the District of Columbia. Nixon's popularity crashed a year after the election as a result of the Watergate Scandal. This led to several bumper stickers appearing in Boston saying "Don't blame me, I'm from Massachusetts!"
What caused shellshock?
Shell shock was a term used in the military, especially during WWI - it was caused by the stresses of battle. Trench warfare caused soldiers to witness many horrors, leading to possible shell shock.
Why does Hamilton suggest that would shock public opinion?
This can not be answered. We don't know what "that" is.
Yeltsin's shock therapy plan required the Russian government to?
Dramatically reduce its involvement in the economy
Which of the following developments became known as the Nixon shock in the 1970s?
The United States ended the conversion of U.S. dollars to gold
Who got rid of the gold standard?
President Richard Nixon in 1971 using an act known as the Nixon Shock.
What was the Nixon Shock in the 1970?
The United States ended the conversion of U.S. dollars to gold
What development became known as the Nixon shock?
The Nixon Shock refers to a series of economic measures enacted by U.S. President Richard Nixon in 1971, which included the suspension of the dollar's convertibility into gold. This decision effectively ended the Bretton Woods system of fixed exchange rates, leading to a shift towards floating currencies. The Nixon Shock aimed to combat inflation and stabilize the U.S. economy, but it also resulted in significant changes to international monetary policy and global economic dynamics.
What part of speech is the word shock?
Shock is a noun and a verb. Noun: She was in shock when her unattended car rolled down the hill and crashed into a house. Verb: Your actions shock me.
What best describes captivity shock?
Disorientation or mental fog
How did Richard Nixon respond to the increasing instability of the dollar in the early 1970s?
In response to the increasing instability of the dollar in the early 1970s, Richard Nixon enacted the Nixon Shock in August 1971. This series of measures included the suspension of the dollar's convertibility into gold, effectively ending the Bretton Woods system of fixed exchange rates. Additionally, Nixon implemented wage and price controls to combat inflation and stabilize the economy. These actions marked a significant shift in U.S. monetary policy and contributed to the transition to a system of floating exchange rates.
What is emotional shock following a stressful event?
Trauma
What action did Nixon take that provided temporary relief from stagflation?
In 1971, President Richard Nixon implemented a series of economic measures known as the Nixon Shock, which included wage and price controls to combat stagflation. These controls aimed to curb inflation by freezing prices and wages temporarily, providing immediate relief to the economy. Additionally, Nixon suspended the convertibility of the dollar into gold, effectively ending the Bretton Woods system and allowing for greater monetary flexibility. While these actions provided short-term relief, they did not resolve the underlying issues contributing to stagflation.
Which of these did not happen as a result of the Nixon Shock?
The U.S. dollar was formally changed to representative currency.
What should you be prepared to perform if a casualty is in anaphylactic shock?
all actions listed
Signs of shock include which of the following?
Shallow breathing Confusion
