What Did John Maynard Keynes Correctly Predict in His Book

question 44

Multiple Choice

What did John Maynard Keynes correctly predict in his book The Economic Consequences of the Peace?

• A)The Treaty of Versailles would lead to a new war in less than 20 years.
• B)Germany would be unable to rebuild after the war.
• C)Bolshevism would sweep across Europe.
• D)Democracy in Europe was doomed.
• E)Europe would enjoy generations of peace after the war.

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Definitions:

Insure

To secure indemnity against potential future loss or damage, typically by obtaining an insurance policy.

Collect Payment

the act of receiving money that is owed, typically in exchange for goods or services.

Risk of Loss

Refers to the chance that an investment's actual returns will be different than expected, including the possibility of losing some or all the original investment.

Breaches

Incidents where laws, contracts, or promises have been violated or not fulfilled.