Which of these economic tactics did both the United States and the Soviet Union use after World War II ended?A.Both countries printed large amounts of currency, which led to hyperinflation and economic recession.B.Both countries provided economic support to other states in an effort to influence their governments.C.Both countries instituted social welfare programs, providing social security and disability benefits for the first time.D.Both countries cut taxes and greatly limited their governments' role in regulating businesses.SUBMITarrow_backPREVIOUS
Question
Which of these economic tactics did both the United States and the Soviet Union use after World War II ended?A.Both countries printed large amounts of currency, which led to hyperinflation and economic recession.B.Both countries provided economic support to other states in an effort to influence their governments.C.Both countries instituted social welfare programs, providing social security and disability benefits for the first time.D.Both countries cut taxes and greatly limited their governments' role in regulating businesses.SUBMITarrow_backPREVIOUS
Solution
The correct answer is B. Both the United States and the Soviet Union provided economic support to other states in an effort to influence their governments. This was a part of their larger geopolitical strategy during the Cold War period following World War II. The US did this through programs like the Marshall Plan, while the Soviet Union did this through the Comecon (Council for Mutual Economic Assistance).
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