Answer:
The Marshall Plan contributed to the establishment of post-war peace in Western Europe. The US stated goal of the plan was to restore the war-torn economy of Europe, remove trade barriers, modernize the industry of European countries, oust communists from power structures and develop Europe as a whole.
Explanation:
The correct answer is C.) Lack of diversification in industry, growth was experienced in only a few industries while others suffered.
Explanation:
Option A.) is factually incorrect - there was actually a mass overproduction in the agricultural economy, not “too few farm products.” Farmers actually produced more food than consumers wanted.
Option B.) - Yes, there was indisputably an uneven distribution of wealth; however, it was not in the favor of the farmers. In fact, many farmers were left in sever debt following the agriculture economic crisis.
Option D.) - While there were probably technological advances to a certain degree, it would be incorrect to say there were “too many jobs.” Unemployment rates in the U.S. during the Great Depression reached nearly 25% at its highest (which may not sound drastic, but it absolutely is.) This was one of the highest unemployment rates in history, and it affected most of the industrialized world in the West.
Answer:
Demand-Pull Inflation is a phenomenon where the demand for some service or good is greater than the supply. As the supply is not available at a certain moment, the seller raises the price of his goods, causing demand-pull inflation. This means that, when consumer demand increases, the seller must have prepared some additional supplies of the product. However, additional supplies are often unavailable, so other sellers raise their prices in order to earn more money on the demanded product.
This phenomenon is caused by rapid economic growth, increased money supplies and it is often related to the products of the strong brand.
Answer:
I'm pretty sure the answer to this is A.
