Asked by Brenda Cheneh on Mar 10, 2024
Verified
Compared to our economic history between 1879 and 1945,our economic history since 1945 could be considered.
A) much more stable.
B) about as stable.
C) much less stable.
Economic History
The study of economies or economic phenomena of the past, analyzing historical methods, practices, and changes in economies over time.
- Compare economic stability and growth periods in U.S. history.
Verified Answer
JE
Johanna ElisabethMar 10, 2024
Final Answer :
A
Explanation :
Since 1945, the global economy has generally experienced more stability, especially in comparison to the period between 1879 and 1945, which was marked by two World Wars and the Great Depression. Post-1945, the establishment of international financial institutions, better economic policies, and increased global cooperation have contributed to this stability.
Learning Objectives
- Compare economic stability and growth periods in U.S. history.