American Foreign Policy During the 1920s

question 96

Multiple Choice

American foreign policy during the 1920s:

• A) reflected the close relationship between government and business.
• B) expanded on Woodrow Wilson's goal of internationalism.
• C) included the lowering of tariffs.
• D) discouraged American business investment abroad.
• E) included a complete retreat from military intervention.

Understand the principle of aligning decision-making with information availability.

Identify strategies to mitigate agency costs.

Understand the principle of decentralizing decision-making based on information distribution.

Grasp the concept of monitoring and its importance for the principal in evaluating and incentivizing agent performance.