Question

select the correct answers.
john maynard keynes opposed the allied powers plans to make germany pay war reparations. which three reasons for his opposition does the video mention?

germany wouldnt have money to import british goods.
germany would want revenge on the allies.
germany wouldnt become an industrialized economy.
germanys industries would add to competition in the global market.
germanys economic troubles would destabilize europe economically.

Explanation:

Analyze Keynes's economic arguments

John Maynard Keynes, in his famous work The Economic Consequences of the Peace (1919), argued against the harsh reparations imposed on Germany by the Treaty of Versailles. He believed that crushing Germany's economy would have disastrous consequences for the rest of Europe.

Evaluate the first reason

Keynes argued that a devastated German economy would not be able to purchase goods from other nations. Specifically, Britain relied on Germany as a major trading partner, so if Germany had no money, it could not import British goods.

Evaluate the second reason

Keynes warned that imposing excessively harsh terms and forcing Germany to accept sole responsibility and massive debt would breed deep resentment, leading Germany to seek future revenge against the Allied Powers.

Evaluate the third reason

Keynes emphasized the economic interdependence of Europe, arguing that Germany was the central engine of the European economy. Thus, Germany's economic collapse and troubles would inevitably destabilize the rest of Post-WWI Europe economically.

Eliminate incorrect options

The options regarding Germany not becoming an industrialized economy or its industries adding to global competition do not represent Keynes's arguments for opposing the reparations. Keynes wanted Germany's industry to recover to stabilize European trade, rather than fearing its competition or claiming it wouldn't industrialize.

Answer:

• Germany wouldn't have money to import British goods. (Correct answer)
• Germany would want revenge on the Allies. (Correct answer)
• Germany wouldn't become an industrialized economy.
• Germany's industries would add to competition in the global market.
• Germany's economic troubles would destabilize Europe economically. (Correct answer)