The United States sent Matthew Perry and seven warships to Japan to sign the Convention of Kanagawa, the treaty allowing trade between the United States and Japan.
Related Question in Social Studies
- Which of the following is the best example of a key difference between capitalist and socialist economies. In capitalistic economies, competition between businesses is kept to a minimum; in socialist economies there is a great deal of competition among businesses Capitalist economies push for perfect equality between all people; socialist economies encourage a great deal of inequality among people In capitalist economies, the government doesn't interfere too much with business ownership; in socialist economies the government owns or runs most businesses. In capitalist economies, religion plays a strong role in all business ownership; in socialist economies religion plays no role in business ownership
- Federal Reserve policymakers cut their short-term interest rate target an aggressive half-point to 2% on Tuesday� This cut was the Fed�s 10th attempt this year to support the U.S. economy, which is still weakening after Sept. 11 attacks. The moves represent some of the most furious rate-cutting in Fed history� Fed officials have now pushed the rate banks charge each other for overnight loans to its lowest level since 1961�Major banks lowered the prime rate in [lockstep] with the Fed, bringing down to 5% from 5.5%. That translates into lower rates for home-equity loans, business loans, and some credit cards. By taking the actions described in the passage above, the Fed was likely trying to: decrease business activity decrease the money supply increase the amount of money that banks must keep in reserves increase business activity