Smith is also known for creating the concept of gross domestic product (GDP) and for his theory of compensating wage differentials. 2 According to this theory, dangerous or undesirable jobs tend to pay higher wages as a way of attracting workers to these positions.
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Explanation:
Protection and assimilation policies which impacted harshly on Indigenous people included separate education for Aboriginal children, town curfews, alcohol bans, no social security, lower wages, State guardianship of all Aboriginal children and laws that segregated Indigenous people into separate living areas, mainly
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Based on the reactions to the Marshall plan, the following are the explanations:
- Western Europe - It would lead to their economies recovering.
- Eastern Europe - Wanted their economies to recover as well.
- Soviet Union - Did not want to lose control of her Soviet satellites.
- United States - Would prevent Communism and increase American trade.
<h3>Why were nations opposed or in favor of the Marshall plan?</h3>
The plan saw the United States sending massive aid to European nations. Both Western and Eastern European nations needed it to rebuild their economy but the Soviet Union refused for the Eastern Europeans to access the plan.
The Soviet Union was worried that the plan would allow for the United States to gain influence in Eastern Europe and so were against it.
The Americans were in favor because a strong European economy meant that America could trade with them and it would also prevent Communism from spreading.
Find out more on the Marshall Plan at brainly.com/question/1373135.
In history ??? Or something else
