Answer
The skill set of a person may be valuable or non-valuable based on what the demand for a certain product is. The more value for a skill the higher of a wage because the employer would want to keep the person with the skill. Like if having a cell phone is in high demand, people who have a skill in engineering will be paid more because they need someone who can program the phone to be the best.
It sent their economies into further decline--European countries had invested in our stock market and they relied on our financial assistance following the war.
Germany was relying on circular loans from the US which provided funds to help them pay for reparations. After the stock market crash, we were no longer able to aid which stopped money from flowing into Europe. This caused further decline in Europe preventing them from investing in their own countries let along buy goods from the US.
It was caused due to political conflict such as social inequality, tax burden, the rise of the bourgeoisie and financial crisis.
There is no such thing as white racism that’s offensive to say and all races can be racist and hateful to others and stop blaming whites they aren’t racist we are good people.
