Answer:
Germany, possessed several of the factors that made industrialization possible. It had ample iron and coal resources, the basic ingredients for industrial development. ... He lavished funds on the German military machine, already the most powerful in Europe.
Explanation:
Real business cycle theory best in this regard.
Explanation:
Among the other options, option first explains and put pressure on the role of technology in causing economic fluctuations. The new price or change in price affects the total cost of the product and so on the supply and demand. Because almost all firms use oil in one form or another, oil price changes function like technology changes.
The increase in aggregate cost decreases the productivity of the firms. The demand went down which affected the circulation of money in the market and leads to the recession.
Asian trade was conducted by several indigenous Traders such as Arabs,Presians and Chinese
The correct answer to the question is Option b) It was pro-American.
Federal Republic of Germany, commonly known as 'West Germany' was formed from the 11 States which were part of the Allied Zones of Occupation.
The States were held by France, Germany and the United Kingdom. After the formation of West Germany, the country was closely allied with NATO and the United States.
East Germany, which was formed out of 5 other States was part of the Soviet sphere of Influence and remained so until the fall of Communism.
