What Does This Chapter Conclude About the Causes of War

question 44

Essay

What does this chapter conclude about the causes of war and the methods for avoiding war? What appear to be the primary causes of war and methods for avoiding war?

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Definitions:

Capital Account

Part of a country's balance of payments, recording the net change in asset ownership and investments.

Foreign Exchange Markets

Global decentralized or over-the-counter markets for trading currencies, determining the foreign exchange rates.

High Rates of Inflation

A situation where the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling, is significantly above the normal rate.

Rate of Inflation

The percentage increase in the price level of goods and services in an economy over a period of time, typically calculated annually.