Was an economic recession<span> that hit much of the world in the </span>aftermath of World War I<span>. In many nations, especially in </span>North America<span>, this growth continued during </span>World War I<span> as nations mobilized their economies to fight the war in </span>Europe<span>. After the war ended, the global economy began to decline. In the </span>United States<span>, 1918–1919 saw a modest economic retreat, but the next year saw a mild recovery. A </span>more severe recession<span> hit the United States in 1920 and 1921, when the global economy fell very sharply.</span>
<span>United Nations (UN)
North Atlantic Treaty Organization (NATO)
European Union
Explanations: The United States is a member state of United Nations (UN), a world body of 193 sovereign states, and agrees with its principles. as this is a major world organization and the United States has a permanent ambassador to UN, it greatly assists a president in implementing his foreign policy.
Another one foreign organization is North Atlantic Treaty Organization (NATO). As NATO is an important organization mainly for national security whose members cooperate in exchanging security and diplomatic related issues, it vitally assists a president in implementing his foreign policy.
The third foreign organization is European Union (EU). The United States is a close partner of EU and has a great relationship with it. NATO has head quarters in Brussels, Belgium, a member state of EU. EU is also closely shares security related issues with the United States. Thus, it assists a president in implementing his foreign policy.</span>
I think the correct answer from the choices listed above is the second option. The best definition for mercantilism would be that it is an economic policy in which countries collect gold or silver and control trade. Hope this answers the question. Have a nice day.
The major cause of the Great Depression was the collapse of the stock market.
<h3>What is Great Depression?</h3>
Great Depression refers to the economic breakdown of the united states in 1929 and 1939 which led to the serious recession in the economy. This incident took first time in the history of the industrialization.
The economic breakdown began with the crash in the Stock markets where millions of the people had their investment and it led to the panic situation in the Wall streets.
The depression led to the fall in the production of the output and which raised the prices of the commodity. There was the tremendous increase in the level of unemployment.
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