Monday, July 29, 2019
Discuss and evaluate the Nixon administration in terms of its foreign Assignment
Discuss and evaluate the Nixon administration in terms of its foreign and domestic policies - Assignment Example es included negotiation with China to reduce commitments of manpower to foreign nations, detente with the Soviet Union to negotiate peacefully, limit weapon trade between the U.S. and USSR, minimize public support for the war, and have peace through honor with the Vietnam (Tindel & Shi 1167). In 1970s, President Nixon decided to lower the prices of goods in order to achieve economic efficiency and lower the inflation rate that was high at 4.7% (Tindel & Shi 1119). He argued that lowering the prices of goods creates less supply and increase demand, thus creating shortages (Tindel & Shi 1119). A significant number of economists supported Nixonââ¬â¢s price control policy and argued that lowering prices of goods is a more efficient strategy in solving relatively mild inflation. Nixonââ¬â¢s primary target was to trim down the inflation rate by doing everything possible to stop the Korean War and Vietnamese war in which the U.S. was involved in (Tindel & Shi
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