Laidsez-claire means capitalism government.
According to the treaty of versellias Germany was expected to pay the damages in world war 1.
<u>Explanation:</u>
The Treaty of Versellias was signed in 1919. The treat required Germany to pay almost 33 billion US dollars for reparations and covering the civilian damage done in the war. Germany was considered to be the cause of World War 1 and so had to pay a heavy debt or fine for the same.
Germany was however not in a condition to pay such a huge sum and the payment meant a financial crisis for the economy of Germany. The Treaty was also considered to be a cause of the Second World War.
Polk instructed Slidell to make an offer that the U.S. would pay off Mexico's debt in order to acquire "Upper California and New Mexico" and would spend as much as $40 million to purchase the land. . . . the war he fought against Mexico . . .
Government positions: President of the United States
