This economic recovery plan was similar to the Treaty of Versailles

1 answer:

8 0

The plan of economic recovery similar to the Treaty of Versailles, is called Plan Dawes. Under the patronage of the United States, this plan was established in 1924 to ensure that Great Britain and France, among others, as winning allies of the First World War, obtained their war reparations and at the same time sought to stabilize the German economy and avoid inconveniences due to these payments.

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What allowed the United States to exert authority as a world power in the post-war era?

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Every other country was forcibly disarmed or broke.

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What economic outcome does Blanc predict resulting from "...the reign of free competition..."?

vodka [1.7K]

Answer:

C. continuous decline of wage

Explanation:

In his work titled "Organization of Labor" published in 1840, Louis Blanc wrote and I quote; "Who would be blind enough not to see that under the reign of free competition the continuous decline of wages necessarily becomes a general law with no exception whatsoever?"

Hence according to the economic theory of Louis Blanc, the reign of free competition leads to the decline of wages.

In the submission of Louis Blank "The government ought to be considered as the supreme regulator of production and endowed for this duty with great power. This task would consist of fighting competition and of finally overcoming it. The government ought to float a loan with the proceeds of which it should erect social workshops in the most important branches of national industry."

Full text of Louis Blanc's "Organization of Labor" (1840) was obtained from Internet History Sourcebooks of Fordham University.

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"Companies were guilty of unwise lending practices" and "The Federal government was guilty of poor policies" are both correct since there was lots of "loose lending" that allowed people who weren't prepared to purchase homes.

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Option B, Spain arrested several Cubans it was believed to have caused the blast was true about the sinking of the USS Maine.

Explanation: 

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Nevertheless, the truth was that the engine of the ship was not functioning properly. This was discussed years after the fire in 1898.

The burning of the ship actually caused some people to want to have the USA to declare war on Spain as they killed the Americans on ship. Nonetheless, Spain didn't actually destroy the ship because of the incorrect information. The USA used the blast to wage war on Spain, and the Spanish-American War was won in 1898. It was the blast.

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