Which of the Following Contributed to American Global Influence in the Decades

question 11

Multiple Choice

Which of the following contributed to American global influence in the decades following World War II?

• A) The absorption of European colonies within the American sphere of influence
• B) The ideological differences and political rivalry among European states
• C) The failure of other countries to break the American monopoly on oil
• D) A productive economy in a country untouched by the destruction of war

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Definitions:

Marginal Cost

The variation in the overall cost of production that occurs with an increase of one unit in the quantity produced.

Pollution Abatement

Measures taken to reduce, control, or eliminate pollution from various sources to improve environmental health.

Diminishing Returns

Diminishing returns is an economic principle stating that as one factor of production increases while others are held constant, the additional output (returns) from the increased factor will eventually decrease.

Free Ride

Benefiting from a service or good without having to bear the cost or effort of obtaining it, usually in the context of public goods.