The Economic history of World War I<span> covers the methods used by the major nations to pay the costs of the </span>First World War<span> (1914–1918), as well as related postwar issues such as war debts and reparations. It also covers the economic mobilization of labor, industry and agriculture. It deals with economic warfare such as the blockade of Germany, and with some issues closely related to the economy, such as military issues of transportation.</span>
Answer:
B. a group of British colonies
Explanation:
There are many theories to power, be they liberal, socialist or otherwise. Many have been developed over centuries of thought, which pick apart the very nature of our society and world order. But of all the theories that I’ve come across, one sticks out more than any other, and it is the reason I hold such strong free-market/anti-state views. It’s called Public Choice theory, but don’t ask me why, because it seems to explain why any one but ’the public’ makes choices today.
Public Choice theory is modern, having only really taken off during the 1960’s, but I believe it grants a very realistic and worrying view of Britain’s power structure, and exposes many very deep scars which socialism and Keynesianism unintentionally inflicted on our country. It was heavily developed by the US economist James Buchanan, who won the 1986 Nobel Memorial Prize for his work, and who advised Margaret Thatcher through the Institute for Economic Affairs during the late 1970′s.
Just like capitalism, Public Choice theory is based on two simple assumptions about human nature. Firstly, that humans are principally self-interested. That’s not to say we’re selfish, which is somewhat more immoral, but rather that we will always aim to fulfil our wants and desires, economic or otherwise. Secondly, that humans are rational; when presented with a series of options, we will select whichever makes us the most happy for the least cost. Rational Choice theory, as it is called, has come under substantial intellectual attack in the past, and I don’t personally believe that all humans act completely rationally all the time, but as a model for human behaviour, I’d say it provides a pretty good analysis.
It increases as they need to ship supplies to the army for medical uses or ammo such like. They need to rapidly produce weapons and ammo so that they can continue to fight on. Medicine such as penicillin was mass produced as it stopped infection rate so the mass production of that drug helped in ww2
Really hope this helps :)
