What Was the Conclusion of the Nye Committee's 1933 Report

question 59

Multiple Choice

What was the conclusion of the Nye committee's 1933 report on World War I?

• A) Fascist regimes the world over had worked in league from the very beginning to undermine democracy.
• B) The greed of American munitions makers,bankers,and financiers was responsible for the nation's entry into World War I.
• C) The nations that still owed money to the United States because of World War I would probably never pay.
• D) The United States had made the wrong decision when it decided to back Allies rather than the Central Powers in World War I.

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Definitions:

Overtime Cost

The additional expense incurred by employers for work performed by employees beyond their normal working hours, often at a higher pay rate.

Holding Costs

The expenses associated with storing unsold goods or materials, including warehousing, security, and insurance costs.

Aggregate Plan

A production planning strategy that determines the necessary resource capacity to meet expected demand over an intermediate time frame, typically ranging from a few months to a year.

Back Orders

Orders for goods or services that cannot be filled at the current time due to lack of supply.