The vietnam war affected the u. s.economy during the early 1970s by

The correct answer is:

Straining the nation's production capacities and creating an unfavorable balance of trade.

Since the factories that could have been producing consumer goods were being used to make items from the military, an imbalance in the industrial sector was created. In addition, the enormous spending on the war in Vietnam provoked an increasingly unfavorable balance of trade, which added to an international monetary crisis and menace to U.S. gold reserves in 1967-68. Furthermore, military expenses, coupled with domestic social spending, generated budget deficits which fueled inflation.

for the 2 countries u can do china and america because america has a democratic government while china has a communist government.

a democracy is a government run by the people either by directly voting or indirectly by electing representatives. an oligarchy is a government run by a few or a small group of people. a democracy and oligarchy are similar because both in an oligarchy and an indirect democracy, a small group of induvial determine the laws for a large group of people they are different because in an oligarchy it is easier to control and they do not have to answer to a large number of people in the country, unlike a democracy where they do have to answer to a large number of people an county that is a democracy would be the united states. a country that is an oligarchy would be the china.