What Did the Increased Competition for Foreign Markets and the Growing

question 30

Multiple Choice

What did the increased competition for foreign markets and the growing importance of domestic demand lead to in late nineteenth-century Europe?

• A)The elimination of trade restrictions like tariffs
• B)A strong reaction against free trade and imposition of steep protective tariffs by most nations
• C)Greater economic instability and a sequence of ever deeper economic depressions
• D)Closer economic cooperation among the great powers
• E)Greater investment by the United States in the European economy

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Definitions:

Societal Reasons

Factors influenced by the collective customs, laws, and institutions within a society that affect individuals and communities.

Family of Orientation

The family into which a person is born or adopted, shaping their early experiences and socialization.

Family of Procreation

The family unit one establishes by marrying and having or adopting children, as opposed to the family of origin into which one is born.

Lower-Middle Class

A socio-economic group situated above the working class and below the upper-middle class, often characterized by moderate income levels, job security, and some educational achievements.