The cease-fire that ended the Vietnam War resulted in many American troops being withdrawn from Vietnam and American POWs being released.
The Vietnam War was a very difficult war for the United States. President Lyndon Johnson limited many troops in what they could do, so it was very hard to get ahead. The jungles of Vietnam were also very hard to fight in and it was almost impossible to locate enemies.
After all of this went on for awhile, Richard Nixon became president and realized that the United States fighting in this war was essentially going nowhere. He decided to pull American troops out of Vietnam and a few years later settled a cease-fire that officially ended the Vietnam War.
The United States had ended up losing the Vietnam War and now Vietnam was known as a communist country.
Match these items. Match the items in the left column to the items in the right column. 1. collusion agreement between two or more people to limit competition and earn higher profits 2. competition degree of excellence for something, such as a product 3. customer service money left after all expenses are paid 4. profit contest between rivals 5. quality service provided to consumers during and after the buying process
Answer:
1. Collusion- agreement between two or more people to limit competition and earn higher profits.
2. Competition- contest between rivals.
3. Customer service- service provided to consumers during and after the buying process.
4. Profit- money left after all expenses are paid.
5. Quality- degree of excellence for something, such as a product.
Explanation:
In an economy, there are different aspects of which makes it work. And some of the terms used in an economy are-
1. Collusion is used when there is an agreement between different parties so that there is a limitation in the competition and earning of higher profits in the business.
2. Competition is when two or more parties vie for a higher profit or popularity. This attribute to be larger or better than the others is a competition.
3. Customer service is the service or help provided by companies or businesses to their customers during and after the buying process.
4. Profit is the 'excess' money left after all form of payment/ expenditure is made.
5. Quality of a product or anything is the level of excellence that is found or expected in it, be it a product or a service.