Question
2. Why did many delemic impact of World War I? Versailles was too harsh? at the Paris Peace Conference following the war warn that the Treaty of 3. What temporary measures were created in Canada to pay for the cost of the war? 1. List the reasons the people of Russia revolted against their government 5. What differences existed economically in the Soviet Union compared to western democracies? 6. What was the economic influence that the stock market crash of 1929 had on the world economically? 7. What was the connection between the Treaty of Versailles, the Great Depression and the rise of Adolf Hitler? 8. What were some of the economic influences on Canada that resulted from World War II? 9. What is the primary purpose of the United Nations? 10. What was the purpose of the United Nations Monetary and Financial Conference at Bretton Woods? 11. What did John Maynard Keynes propose was the solution to economic problems in a country? 12. Why did Friedrich Hayek disagree with him? colies is park.Ships and nilos They wound them to
Solution
4.1
(214 Votes)
Amina
Elite ยท Tutor for 8 years
Answer
Let's address these history and economics questions one by one:1. **Reasons for the Russian Revolutions (1917):** Multiple factors led to the Russian revolutions: * **Widespread Poverty and Inequality:** The vast majority of Russians lived in poverty while a small elite controlled most of the wealth and land. * **Tsarist Autocracy:** The Tsar's absolute rule and resistance to reform angered many. * **World War I Disasters:** Russia's involvement in WWI resulted in massive casualties, food shortages, and economic hardship, eroding public trust in the government. * **Wartime Inflation:** The war caused runaway inflation, making basic necessities unaffordable. * **Influence of Revolutionary Ideas:** Socialist and communist ideas gained popularity, promising a more equitable society.2. **Concerns about the Treaty of Versailles:** Many, including some at the Paris Peace Conference, warned that the Treaty of Versailles was too harsh on Germany. They argued that: * **Excessive Reparations:** The massive reparations imposed on Germany would cripple its economy and breed resentment. * **Loss of Territory:** The loss of German territory and colonies would fuel nationalist sentiment and desire for revenge. * **Humiliation:** The overall tone of the treaty, which blamed Germany solely for the war, was seen as humiliating and likely to destabilize the region.3. **Temporary War Measures in Canada:** To finance WWI, Canada implemented several temporary measures: * **Income Tax:** The first federal income tax was introduced as a temporary measure (though it later became permanent). * **War Bonds:** The government sold war bonds to citizens to raise funds. * **Borrowing from Other Countries:** Canada also borrowed money from other nations, primarily Great Britain, to cover war expenses.5. **Economic Differences: Soviet Union vs. Western Democracies:** * **Centralized Planning (Soviet Union):** The Soviet economy was centrally planned, with the state controlling production, distribution, and pricing. * **Private Ownership (Western Democracies):** Western democracies relied on market economies with private ownership of businesses and competition. * **Limited Consumer Choice (Soviet Union):** Consumers in the Soviet Union had limited choices and often faced shortages of goods. * **Greater Consumer Choice (Western Democracies):** Western democracies offered a wider variety of goods and services.6. **Economic Impact of the 1929 Stock Market Crash:** The crash had a devastating global impact: * **Great Depression:** It triggered the Great Depression, a period of severe economic downturn characterized by high unemployment, bank failures, and declining international trade. * **Reduced International Trade:** Countries imposed tariffs and trade barriers, further worsening the economic situation. * **Deflation:** Falling prices led to deflation, which discouraged investment and spending.7. **Connection Between Versailles, the Depression, and Hitler's Rise:** * **Resentment over Versailles:** The harsh terms of the Treaty of Versailles created resentment in Germany, which Hitler exploited to gain support. * **Economic Hardship:** The Great Depression further destabilized Germany, creating an environment ripe for extremist ideologies. * **Hitler's Promises:** Hitler promised to restore German greatness and overturn the Treaty of Versailles, appealing to a population suffering from economic hardship and national humiliation.8. **Economic Influences of WWII on Canada:** * **Industrial Growth:** Wartime production led to significant industrial expansion and job creation. * **Increased Government Role:** The government played a larger role in the economy, directing production and resources. * **Women in the Workforce:** Women entered the workforce in large numbers to fill jobs vacated by men fighting overseas.9. **Primary Purpose of the United Nations:** The primary purpose of the UN is to maintain international peace and security, promote friendly relations among nations, achieve international cooperation, and be a center for harmonizing the actions of nations.10. **Purpose of the Bretton Woods Conference:** The Bretton Woods Conference aimed to establish a new international monetary system after WWII. It led to the creation of the International Monetary Fund (IMF) and the World Bank.11. **John Maynard Keynes's Economic Solution:** Keynes advocated for government intervention in the economy, particularly during recessions. He believed that governments should increase spending and lower taxes to stimulate demand and create jobs.12. **Friedrich Hayek's Disagreement:** Hayek, a proponent of free-market economics, disagreed with Keynes. He argued that government intervention distorts markets and leads to inefficiency. He believed that the best way to address economic problems was to allow markets to self-correct.