The post World War scenario was highlighted by the fall of some colonial powers and the rise/peaking of some others. A redistribution of colonies and territories took place following the Treaty of Versailles. Germany was the biggest loser, while Britain and France gained the most new territories
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The Roosevelt administration began on March 4, 1933, when Franklin D.Roosevelt was inaugurated as the 32nd President of the United States.Policy makers in the u.s. first use fiscal policy with the intent of manipulating aggregate demand to move the economy to its potential level of real GDP was happening <span>during the Roosevelt administration. </span>
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They had to reinvent their economy because General Shermans tactic of total war. when he did total war, he marched from the north all the way to Atlanta, Georgia and destroyed anything that couldn't be used as food or supplies. so they had to reinvent their economy because the south was totally destroyed