One thing you have to be clear about is which war. I'm taking it to be WWI.
There was a cash crunch after WWI. France was not any kind of a problem with the United States. It's not B.
I better get to the point. It has to do with the fact that the United States couldn't sell an abundance of manufactured goods. A has to do with that, but it wasn't exactly a decline in the manufacturing industry. It was that she couldn't sell what she had in inventory.
Inflation didn't become a problem in a post WWI environment. In fact, the problem was deflation and unemployment in the 30s, but that is a decade away from this question.
This is one of those questions that a guess is as good as an answer. Britain didn't import which is the same thing as a trade imbalance. I would pick E but I think that D is very possible. They are both worded the wrong way.There was a drop off in American Exports. And Farm prices cratered. Does that mean that Americans were buying more British goods. It is not D if America couldn't sell anything to Britain.
That makes E true. I'd pick E, but there's lots of reasons to pick almost anything else except B.
Answer:
C.
Explanation:
This is referring to the Great Depression(beginning). The reason the Great Depression happenned was due to overspeculation of industry after WWI. This lead to a large stock fallout after no more WWI materials(or not as many) were needed, leaving factories, businesses, and workers desolate. This lead to a stock drop on wall street in which millions of stockholders decided to pull their investments which further killed the American economy. Then, the federal reserve put more money(by printing cash) into circuit around the country. This caused large deflation which further hurt the economy, leading to the GB. Regardless, it is C.
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The launching of Sputnik was significant because it started the Race to space. Once Russia did this, the US formed NASA and sent up their first satellite.
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Answer:
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