Answer:
The correct answers are:
- Economics has an impact on everyday life.
- Economics helps people learn to manage resources.
- Economics explains the roles of producers and consumers.
Explanation:
Economics is a social science that provides us important information about production and distribution and consumption of goods or services.
Economics can provide us all the skills we need to understand the role of goods, services, and resources of our everyday life and how should we manage those resources in order to raise our incomes and arrange investments. It also helps us understand the division of labor, based on production and incomes we use to buy products.
<span>The concept that political decision about foreign engagement have to be based on preserving the interests of your country above all.
Realpolitik is a foreign policy ideology coming from Europe during the 19th century and is centered around nationalism.
Realpolitik is a nation-first focused foreign policy in which alliances are determined on whether or not it benefits a nation. This concept came out of Germany during their time of nation building. It suggests that alliances are important but must be strategic and important to the country. It the foreign policy is not beneficial then practically it is not a good decision for the nation to engage. </span>
Boomed in 1920 because economy
Answer: I am 85% sure its D
Explanation:- D = "Eastern cities"
The effect the US economy grew in the buildup to the war and during its prosecution. From 1915 the US made tons of loans to the UK to help them in their war effort. It is not a stretch to say that WWI was the major factor in contributing to the "Roaring 20s" when the US economy boomed. After the peace the economy dropped temporarily and this is most likely attributable to the stopping of war material production. However, at that point in the timeline the US was the only country that had not been completely devastated by the effects of the war. US companies were able to expand their reach around the world, and domestic consumption in the US increased, hence the name "The Roaring 20s." So the short term effect (I am defining short term effect as within one decade) was that the US economy grew a large amount due to their involvement in WWI.
The long term effect was that US involvement in the war lead directly to the Great Depression and WWII. The Treaty of Versailles led to a system where the US was cashing in its wartime loans to the UK, which in turn was using the wartime reparations it received from Germany to pay off the US. This system collapsed when the Germany economy succumbed to hyperinflation and died. That paired with Black Tuesday, which was driven by rampant stock speculation from tons of US citizens flush with cash led to the Great Depression. Since the world was still reeling from the effects of WWI when Germany fell, everything else fell apart. This event was directly attributable to WWI.
https://history.stackexchange.com/questions/1024/what-was-the-economic-impact-of-ww1-on-usas-economy