In the United States, both national and state governments "<span>Borrow money," since this money can be borrowed either from domestic sources or foreign sources (in the case of the federal government). </span>
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I feel like this would be... A. Black Codes in the Post-Civil War South
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Hopefully i'm right
<u>Note: Please paraphrase</u>
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The Treaty of Versailles was flawed in many ways as it put the complete blame of the War on Germany. Germany was forced to pay heavy reparations, lost its colonies, and forced to reduce its army. It was doomed from the start, and another war was practically certain.” The principle reasons for the failure of the Treaty of Versailles to establish a long-term peace include the following: 1) the Allies disagreed on how best to treat Germany; 2) Germany refused to accept the terms of reparations; and 3) Germany’s refusal to accept the “war-guilt” led to growing German resentment and nationalism.
Adam Smith (1723 – 1790) was a Scottish economist. He was deeply critical of Christianity because of his own observation of hypocrisy within Protestantism.
In 1759, Smith published The Theory of Moral Sentiments, which established Smith’s reputation in his own days, is concerned with the explanation of moral approval and disapproval. He based his explanation on sympathy as a fundamental human motive.
In 1776, he published The Wealth of Nations that became the foundation of modern economics.
There has been considerable controversy as how far there is contradiction between Smith’s emphasis on sympathy in his <em>Theory of Moral Sentiments</em> and the key role of self- interest in <em>The Wealth of Nations</em>.
Smith’s idea of letting an economy without government intervention, called today Laissez faire was not about the government granting special economic privileges to powerful manufacturers and merchants. Mercantile monopolists and their allies in Parliament today, are the great enemies of Smith’s “free market mechanism”.
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WW1 had left the nations of Britain and France in financial and political ruin. They had been able to stop the rise of communism in their own borders but not fascism in Italy nor National Socialism in Germany. This was due to a fear of another oncoming war between these two. Which France and Britain were not financially or militarily prepared for. When the Great Depression hit, it had made matters worse allowing Benito Mussolini and Adolf Hitler to gain power through popular acts of civil engineering and employment. Britain and France in the meantime did not recover from the Great Depression till the start of WW2 when many males were conscripted to fight in the war.
