Bruce A. McMenomy, Ph.D. and Christe A. McMenomy, Ph.D. for Scholars Online
2019-20: Mondays and Wednesdays, 6:00 - 7:30 p.m. Eastern Time
54: Mon, Mar 23, 2020
Please read the chapter and take the quiz by midnight on Sun, Mar 22, 2020.
Please also post in the forum for the day a short essay in response to this question:
Much of this chapter looks at global developoments in economics. At the end of World War II, Japan and Europe, including the Soviet Union, had been devastated on the ground, with cities and farmland in ruins. The period from 1945-1952 was one of severe hardship: resources, including food, were rationed in many countries. How did Britain, Germany, Japan, and the Soviet Union attempt to foster recovery in their countries? What factors allowed Western Europe and Japan to recover? What factors restricted growth in the Soviet Union and Eastern Europe? How do these states now organize their economies to control and distribute available resources?
Focus question: How does control of a key resource, oil, change between 1945 and the present? How does fluctuation in the availability of oil affect the global economy?
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