Until April 6th, 1917, America was still a declared neutral state and she had tried to keep out of World War 1. However, she had economic relationships with nations involved in the war such as loans and financial support. American Secretary of State William Jennings opposed this financial support of warring nations, arguing that refusing to loan to any Allied nations in Europe would help to accelerate the end of the war. Even though President Wilson agreed at first, he retreated this when France argued that if it was not legal to take out credits from America, then it was not legal to buy American goods as well.
Regarding this, the American steel industry had faced declining profits during the Recession of 1913–1914. And when the war began in Europe, the increased demand for tools of war began a period of intensified productivity that relieved many U.S. industrial companies.
The major cause of the great depression was the crash in the financial stock market, reduction in the tariff, and lending of things.
<h3>What is the great depression?</h3>
The Great Depression which lasted from 1929 to 1939 was considered the economic crisis in the history of the developed world. It began as a result of the 1929 stock market crash.
The country's banks failed as a result of the Great Depression. The proportion of people who have lost their jobs in the country has risen significantly.
The number of persons in the country got homeless as a result of this. Housing prices have risen rapidly, affecting households. The country's overseas trade declined.
In response to the crisis, President Hoover established organizations to assist in the resolution of the existing issue. He requested that the country's credit be increased by the federal reserve.
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Higher population (more workers) and better relations/trade with England"
Answer:
The society organized peace conferences and regularly published a periodical entitled Advocate of Peace. The Society was only opposed to wars between nation states; it did not oppose the American Civil War, regarding the Union's war as a "police action" against the "criminals" of the Confederacy.
Explanation:
