After the end of World War I European countries were in decline, their industrial and agricultural sectors suffered a reduction of more than 30%, causing a very strong impact on the economy and thus forcing these countries to look for loans and to import products from another country. In this context of poverty, European countries needed to buy many products and borrow money, in this moment, the United States of America enters as the nation that can meet European needs; at high interest rates, of course. The US had its territory spared during the war and had a large number of exports and loans of money to Europe, causing its economy to be boosted and its national income doubled.
Answer:
Banks failed—between a third and half of all U.S. financial institutions collapsed, wiping out the lifetime savings of millions of Americans. The familiar narrative of the Great Depression places banks among the institutions that suffered fallout from the crisis.
Explanation:
Answer:Neville Chamberlain served as British prime minister from 1937 to 1940, and is best known for his policy of "appeasement" toward Adolf Hitler's Germany. He signed the Munich Agreement in 1938, relinquishing a region of Czechoslovakia to the Nazis. In 1939, Britain declared war on Germany.
Explanation:
Democracy is an elective system that the people are the government.
