Asked by Jasmine Schuman on May 24, 2024
Verified
Which of the following is true of America's economic relations with the rest of the world during the 1920s?
A) American overseas investments increased substantially.
B) The nation suffered from an adverse balance of trade.
C) The nation experienced a reduction in its foreign trade.
D) The United States organized and supported the World Bank.
American Overseas Investments
Financial investments made by individuals or entities based in the United States in business interests or assets in other countries.
Adverse Balance
A situation where a country's imports exceed its exports, leading to a negative balance of trade.
Foreign Trade
The exchange of goods, services, and capital between countries, crossing national borders.
- Grasp the factors contributing to the economic boom of the 1920s and the seeds of the Great Depression.
Verified Answer
Learning Objectives
- Grasp the factors contributing to the economic boom of the 1920s and the seeds of the Great Depression.
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