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Answer:
B. The U.S. sold Europe goods needed during the war and took over some markets completely
Explanation:
"The total value of U.S. exports grew from $2.4 billion in 1913 to $6.2 billion in 1917. Most of that went to major Allied powers like Great Britain, France, and Russia, which scrambled to secure American cotton, wheat, brass, rubber, automobiles, machinery, wheat, and thousand of other raw and finished goods." - Heather Michon
Answer: Friedrich Hayek’s work The Road to Serfdom argued that centralized Economic Planning ultimately threatened liberty. Conservatives used this book to justify a reduced role for the state in the economy, by equating fascism and socialism with the New Deal.
Explanation: Frederick Hayek in his book <em>The Road to Serfdom</em>, published in 1944, criticized government involvement in the market seeing it as a system that leads to loss of individual freedom.
Centralized Economic planning is key to socialism as a method to ensure equality, but Hayek argued that central planning forces the will of a few people on the public. This is not socialism but dictatorship.
Conservatives, who favored a reduced government role in economic planning quoted this book and equated the New deal with fascism. The New Deal was a program designed by President Franklin D. Roosevelt to revive the economy after the Great Depression.
One's social connections can be used to gain access to information or resources through social capital. Examples of social capital include requesting a car loan from a friend in a pinch or learning about a job opportunity from an old college classmate.
<h3>Can people possess social capital?</h3>
Although an individual can invest in or destroy their social capital, they do not actually own it. Instead, it's in the relationships they have with others. Although it is sometimes referred to as "shared ownership," the actual development of social capital necessitates the support and availability of others.
<h3>What is the value of social capital?</h3>
The significance of social capital It enables individuals to collaborate and reap the benefits of social relationships. Modern economies can run smoothly thanks to social capital. Without social capital, our institutions, political system, economy, and society would not exist.
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