The colonists felt nothing but resentment about the Navigation Acts. The Navigation Acts limited their trade with nations other than England.
<span>
Stagflation, price control. Keynesian policies were failing. The oil
crisis showed the stupidity of price controls. The stagflation showed
that an increase in the money supply does not increase wealth.
In the 70s we still had Vietnam, we had Nixon, there was Watergate,
Gerald Ford, Paul Volcker raising interest rates to 20% in the Federal
Reserve, government bailing out Chrysler. </span>
Answer: C
Explanation: The Marshall Plan(also known as the European Recovery Program), was a United States program providing aid to Western Europe following the devastation of World War II. It was enacted in 1948 and provided more than $15 billion to help finance rebuilding efforts in Europe. In addition to economic redevelopment, a major goal of the Marshall Plan was to halt the spread of communism through the continent.
This was crafted as a four-year plan to reconstruct cities, industries and infrastructure that were damaged during the war, to eradicate trade barriers between European nations and develop trade relationships between those nations and the United States.
