Explanation:
The economic problems faced by the Congress deeply touched the lives of most Americans in the 1780s. The war had disrupted much of the American economy. On the high seas the BRITISH NAVY had great superiority and destroyed most American ships, crippling the flow of trade. On land, where both armies regularly stole from local farms in order to find food, farmers suffered tremendously.
The correct answer is "Europe struggled to recover from a lost generation."
After World War I, the Germany economy was in ruins. This is because they were held responsible for the beginning of the war and were forced to pay reparations (as decided in the Treaty of Versailles).
On the other end of the world, the US had a booming economy right after World War I. The 1920's in the US was an era of economic prosperity in which individuals had more disposable income to buy goods/materials.
France and Great Britain still remain allies after this war, as they both have a common goal of recovering from the war and ensuring Germany does not gain significant political power.
This leaves the first statement. The "Lost Generation" is a phrase used to display how a significant amount of the population was lost during the war due to the high number of deaths in World War I.
Answer:
In economics, a free market is a system in which the prices for goods and services are self-regulated by buyers and sellers negotiating in an open market. In a free market, the laws and forces of supply and demand are free from any intervention by a government or other authority, and from all forms of economic privilege, monopolies and artificial scarcities. Proponents of the concept of free market contrast it with a regulated market in which a government intervenes in supply and demand through various methods such as tariffs used to restrict trade and to protect the local economy. In an idealized free-market economy, also called a liberal market economy, prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy.
Explanation:
