How did economic nationalism affect world economies?
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Ответ:
Explanation:
The rise in economic nationalism undermines the tradition of economic liberalism (globalism) and discourages economic and political cooperation between countries. ... Countries benefit with cooperation between countries to mutual benefit, becoming too nationalistic at the expense of its partners is counterproductive.
Ответ:
However, many scholars agree that at least the following four factors played a role.
The stock market crash of 1929. During the 1920s the U.S. stock market underwent a historic expansion
Banking panics and monetary contraction.
The gold standard
Explanation:Easy Money: A Series of False Signals. Monetary Policy, Interest Rates, and the Business Cycle. The Artificial Boom of the Roaring 20's.
Hoover's Anti-Adjustment Policies. The Smoot-Hawley Tariff Act.
The New Deal: FDR's Interventionism. The New Deal's Central Planning: NRA and AAA.
The Wagner Act and Labor Laws.