The main reason the US Senate rejected the treaty of Versailles was because they feared that US involvement in the League of Nations would mean that American troops would be sent into Europe and settle European disputes.
An oligarchy is a system of government where a small number of individuals government a political entity. These individuals can be elected, but normally they are unelected officials who have been given the rights to lead through authoritarian methods.
Democracies are a system of government whereby systems are put into place to allow individuals to vote for representatives or to vote directly on issues related to their political governance.
Republics are democracies in that they involve elections and representation, however, republics institute certain protections for individual rights and liberties usually in a constitution or founding document to prevent the majority from controlling political decisions.
The economy you described in your question is called a market economy. It has free markets and the production of goods and services are determined by the consumers.
Answer:
The British Commonwealth is an alliance of former British colonies.
Explanation:
The British Commonwealth is a group of countries composed almost exclusively of former British colonies that continue to maintain economic, political, cultural and social ties with the United Kingdom.
This organization is made up of 54 countries, and its objective is to maintain these ties between the former colonies, in addition to promoting and giving priority to trade between them. In addition, it seeks to create and regulate a common rights and legal system for all member states.
A large number of these member states continue to recognize the figure of the monarchy, establishing themselves as parliamentary monarchies having Queen Elizabeth II as their monarch. Among others, some examples are Canada, Bahamas or Jamaica.
When Germany experienced inflation, especially after World War I, prices for goods "<span>d. increased," dramatically, since this was in fact "hyper inflation," which is very severe. </span>
