Germany signed the <em>Treaty of Versailles</em> with the Allies,officially ending World War 1.The British economist John Maynard Keynes left the treaty conference in protest. In his The Economic Consequences of the Peace 1919, Keynes predicted that the stiff war reparations and other harsh terms imposed on Germany by the Treaty would lead to financial collapse of Germany,which in turn would have serious economic and political repercussions on Europe and the World.
On June 5,1919 ,Keynes wrote a note to Lloyd George PM of England,that he was resigning his post in protest of the impending devastation of Europe.
In his book Keynes wrote""if we aim at the impoverishment of Central Europe,vengeance,I dare say will not limp.Nothing can then delay for very long the forces of Reaction and the despairing convulsions of Revolution,before which the horrors of the later German war will fade into nothing,and which will destroy, whoever is victor,the civilisation and the progress of our generation.""
Because he thought that they where a major threat
Please can i have a brainlier
Tariff type of tax was implemented by country Q
Explanation:
Tariff is the tax levied by one republic nation on the goods brought in from another country. There are two types of tariffs which are specific and add valorem tariffs. It is best for raising the revenue of the country form imports but it results in high consumer price of the products which are imported.
When a country imports the specific goods, then the internal indigenous industries which produce the similar goods may lose their value by reducing the competition.
In olden days cross border trade was viewed to be the zero game where one can total wealth out of tariffs or other country could face total loss. There are also many instances in past which created rivalry between countries due to increase in tariffs that restricted imports.
Answer:
Mid 1900s
Explanation:
It was black and white at first
