Answer:
A) No nation has a pure market economy
Until April 6th, 1917, America was still a declared neutral state and she had tried to keep out of World War 1. However, she had economic relationships with nations involved in the war such as loans and financial support. American Secretary of State William Jennings opposed this financial support of warring nations, arguing that refusing to loan to any Allied nations in Europe would help to accelerate the end of the war. Even though President Wilson agreed at first, he retreated this when France argued that if it was not legal to take out credits from America, then it was not legal to buy American goods as well.
Regarding this, the American steel industry had faced declining profits during the Recession of 1913–1914. And when the war began in Europe, the increased demand for tools of war began a period of intensified productivity that relieved many U.S. industrial companies.
For the answer to the question above, I believe the answer is <span><u><em>China.</em></u></span><span>
</span>China has a strong sphere of influence because of its economic power. They now manufacture products that were purchased in the US.
I hope this helps. Have a nice day!
Answer:
WWI was ignited when Archduke Franz Ferdinand—heir to the Austro-Hungarian Empire—was shot to death by the Serbian nationalist Gavrilo Princip on June 28, 1914
Who was killed?: Archduke Franz Ferdinand
What country was he supposed to lead before he was killed?: Austro-Hungarian Empire
Who killed him?: Gavrilo Princip
