Had the world gone along with Wilson’s plan to remove economic barriers between nations, what kind of place would the world be? Would it be better? Worse?
How would you answer this question?
look, maggie, everyone is NOT the same so if i were you i would just go with what i think is true just saying XP
To answer this question, we need to understand the context and details of Wilson's plan to remove economic barriers between nations. Woodrow Wilson, the 28th President of the United States, proposed his vision for a new world order after World War I, known as the Fourteen Points. One of these points aimed to establish free trade and remove economic barriers among nations.
To assess how the world would be if Wilson's plan had been implemented, we can explore the potential effects of removing economic barriers:
1. Increased economic interdependence: Removing economic barriers between nations would likely lead to increased international trade and investment. This could create stronger economic ties and foster cooperation between countries.
2. Economic growth and development: Free trade can stimulate economic growth by allowing countries to specialize in industries where they have a comparative advantage. This would expand markets, increase productivity, and potentially improve living standards globally.
3. Peace and stability: Advocates believe that promoting economic cooperation can reduce conflicts and tensions between nations. By relying on economic relationships, countries may be less inclined to engage in war or disputes.
4. Winners and losers: While overall economic growth is likely, the impact on individual countries and industries might vary. Some industries may face challenges due to increased competition, potentially leading to job losses and economic dislocation, particularly in sectors that were protected by barriers or subsidies.
5. Income inequality: The removal of economic barriers could enhance global economic integration, but it may also exacerbate income inequality. If certain countries or segments of society benefit more from free trade, disparities in wealth and income could widen.
Considering these potential effects, it is difficult to predict with certainty whether the world would be better or worse off by implementing Wilson's plan. The outcome would depend on a multitude of factors, such as the specific policies and regulations put in place alongside the removal of economic barriers, the willingness of nations to cooperate, and how economic benefits are shared among different countries and social groups.