Answer:
The western block was made up of:
1. Great Britain
2. United States
3. France
4. Belgium
5. Denmark
6. Norway
7. Netherlands
8. West- Germany
9. Turkey
10. Italy
11. Luxembourg
12. Iceland
Explanation:
During the Cold War, the world was distributed into 3 blocks, the Western block, the Eastern block and neutral countries.
The Western Block consisted of mostly capitalist countries, who were lead by the United States and Great Britain and formed the NATO.
The Eastern Block was aligned with the Soviet-Union and consisted of countries like Poland and Ukraine.
The main reason why America's ties with the Allies were stronger than the ties with the Central Powers was because of economic reasons. The Allies purchased large amounts of weapons and war goods from the United States. Germany was developing its own weapons thus it didn't enlist for American supplies.
The available options are:
(1) Economic competition is inefficient and wasteful.
(2) Strong labor unions are essential to the health of the economy.
(3) Natural resources belong to all citizens and should not be used for private gain.
(4) Concentrating economic power in the hands of a few individuals is a threat to the country.
Answer:
Economic competition is inefficient and wasteful
Explanation:
The statement best describes an attitude shared by John D. Rockefeller, Andrew Carnegie, and J. P. Morgan is "Economic competition is inefficient and wasteful."
This is evident in the fact that all these three aforementioned wealthy Americans were popularly known for their tendency to develop any form of monopoly in their various business industry.
To them, the existence of economic competition leads to inefficiency. Hence, they always prefer to eliminate the competition, before committing massive investments for the needed growth and development, instead of outwitting the competitors.
Answer:
B. False
Explanation:
Socialism is an economic system where the means of production, such as money and other forms of capital, are owned to some degree by the public (via the state.). Under a socialist system, everyone works for wealth that is in turn distributed to everyone.
