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An order-of-magnitude estimate of a variable, whose precise value is unknown, is an estimate rounded to the nearest power of ten. For example, an order-of-magnitude estimate for a variable between about 3 billion and 30 billion (such as the human population of the Earth) is 10 billion. To round a number to its nearest order of magnitude, one ...
The Chinese property sector crisis is a current financial crisis sparked by the 2021 default of Evergrande Group. Evergrande, and other Chinese property developers, experienced financial stress in the wake of overbuilding and subsequent new Chinese regulations on these companies' debt limits. The crisis spread beyond Evergrande in 2021 to such ...
For the fifth year in a row, about eight in 10 Americans report an unfavorable view of China, the Pew report said. “Today, 81% of U.S. adults see the country unfavorably, including 43% who hold ...
The United States home front during World War II supported the war effort in many ways, including a wide range of volunteer efforts and submitting to government-managed rationing and price controls. There was a general feeling of agreement that the sacrifices were for the national good during the war. The labor market changed radically.
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The Blockade of Germany, or the Blockade of Europe, occurred from 1914 to 1919. The prolonged naval blockade was conducted by the Allies during and after World War I [3] in an effort to restrict the maritime supply of goods to the Central Powers, which included Germany, Austria-Hungary, and the Ottoman Empire.