In the late 19th century, critics of big business claimed that monopolies most harmed the economy by "reducing competition," since this in turn reduces consumer choice and inflates prices.
The correct answer is A. Marshall Plan.
The treaty of Versailles was an international agreement that put an end to the WWI and established an economic recovery plan for the reconstruction of the victorious countries. This treaty put all the responsibility of the war on the central powers, who had to pay exorbitant compensations to the allies.
The Marshall plan was a United States initiative to help Western European countries to recover after WWII, mainly the UK, France, and Western Germany. Its main goal was to avoid Communism to spread over Western Europe and to make of these countries important allies of the United States against the Soviet Union.
Due to the common objectives of these two economic recovery plans and the context in which they were applied, we can see they share many similarities.
Answer:
In any regard, supporters of <em>laissez-faire </em>governmental policies were often advocates for the "free market". They would suggest that federal or state involvement in business would stagnate and decelerate the growth of the economy. The "invisible hand" of the market does not actually exist, but this argument would be made in order to support the assertion that government involvement was not required. In reality, significant economic downfalls of the past could have been avoided, had the governments of "unregulated business" nations played a more active role. Claims such as these were made for the purpose of promoting a self-sustaining economy, even when such a thing cannot coexist with financial disparity.
I hope this helped you understand the motives behind <em>laissez-faire </em> business and government policies. Blessings to you.
When Alexius I Komnenoi implored the pope (Urban II) for help, he meant it to reconquer the lost Byzantine lands (and therefore return in to their de facto ruler, a.k.a., the Byzantines). Urban however, decided to merely use that as a façade in order to then invade the Muslims, and retake the holy land.
He also saw the wanted to unite Christianity as a whole (All the sects at the time, Orthodoxy, Catholicism, Paulicianism, Iconoclasts, etc. into a single conglomerate, fighting a common enemy.)
Answer: the treaty of non-aggression
Explanation: