Question

question 1 of 10
which of the following describes a similarity between the u.s. and european economies following world war i?

a. economies in both regions were more internationally connected than ever before.

b. leaders in both regions embraced new keynesian ideas about economics.

c. businesses in both regions suffered from a falling demand for luxury products.

d. economic growth in both regions was driven by risky stock market speculation

Explanation:

After World War II, both the U.S. and European governments adopted Keynesian economic policies, which focused on using government spending and fiscal policy to stabilize economies, drive post-war recovery, and avoid the economic crises of the interwar period. Option A is incorrect because post-war Europe had fractured trade ties initially; Option C is wrong as demand for goods (including luxury items) rose with recovery; Option D is incorrect because post-war growth was rooted in reconstruction, not risky stock speculation.

Answer:

B. Leaders in both regions embraced new Keynesian ideas about economics.