In 1945, the Important Advantage That the Nations of Western

question 85

Multiple Choice

In 1945, the important advantage that the nations of Western and Central Europe had was the

• A) widespread prosperity resulting from the rearming during World War II.
• B) overwhelming confidence that in defeating Nazism triumphant democracy was permanently established.
• C) support and assistance of the United States.
• D) knowledge that the Soviet Union, given its disastrous losses in World War II, was no threat to the security of Europe.
• E) realization that Germany would be quickly reunited, providing a secure economic and political anchor for the rest of Europe.

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Definitions:

Total Loss

The complete depletion of value of an asset or the sum of expenses surpassing all revenues, resulting in no net gain.

Most Efficiently

The method or process that achieves the best possible outcome with the least waste of resources.

Output

The amount of goods or services produced by a company, industry, or economy within a given period.

Natural Monopolies

These are markets where a single supplier is most efficient in providing goods or services due to high fixed or startup costs associated with the market.