The First World War is largely thought of as a conflictwhere the majority of the significant operations took place almost exclusively on mainland Europe with the exception of a handful of naval clashes fought throughout the world's oceans. This is only partially true because while most of the fighting did take place on the continent, one of the largest and most sophisticated undertakings of the war was conducted mainly at sea. This operation was the British blockade from 1914-1919 which sought to obstruct Germany's ability to import goods, and thus in the most literal sense starve the German people and military into submission.
While the land war certainly contributed to the Entente's (Britain, France, Italy, U.S.) victory in 1918, it was the blockade that truly broke Germany's back. Without it, the war could have potentially gone on even longer, but because of it, the world's preeminent land force was left with no other choice than to surrender as the seeds of revolution brewed among its population. This paper will look into how this important British undertaking functioned, how it affected the German people, and how it played a significant role in causing the German military to sue for peace in 1918.
Answer:
The most important facts of the economy were: the imbalances of countries such as the United States, Japan and Germany, which were manifested in the exchange, credit and securities markets, the acceleration in the integration of Europe.
Explanation:
These facts suggest that the economic policy of the late 1980s could focus more on the subsidiary and market economy, with better coordination and that it would be more favored in saving and thinking about the stability of the financial and banking system. The most important challenge should be to converge towards GDP or the level of inflation without resorting to monetary policy and without abuse in fiscal policy.
Japan surrendered to the Allies the following day.
I'm sorry, what text? Could you post the passage please?