The effects of World War I was very wide and it ranged in political, social and economic spheres.
Explanation:
United States emerged to be the world leader after the World War I manufacturing, production and technology due to the necessity during world war. US encountered a boom in the economy. It had emerged as a world industrial leader as it has stepped into the age of electricity. It was during roaring Twenties there was increase in wealth of the consumers.
Progressive era began changing the life style of the people especially women started to come out form the traditional way of living to a healthy and wealthy life style. Women suffrage was achieved.
The right answer is C: It is a combination of two or more companies into a single firm. The Sherman Anti-Trust Act of 1890 was aimed at banning monopolistic practices, deregulation is the process of removing state intervention in economic matters, and mergers can definitely go wrong and don't lead to economic growth.
The reasoning behind a merger is that two companies can do better if they combine their capabilities than if they act individually or separately, so they agree to establish a relationship. There are many different types of mergers, such as horizontal (the combination of two companies that sell the same product in the same market) and vertical (the combination of a company and a client), consolidation (when the two companies cease to exist and they create a brand new company) and purchase (when one company purchases another), among others.
