he “first golden age” of trade was:A) the period from 1890 to 1913, when tariffs were increased between countries.B) the interwar period.C) the period between 1919 and 1935.D) the period from 1890 to 1913, when steamships and railroads increased trade
Question
he “first golden age” of trade was:A) the period from 1890 to 1913, when tariffs were increased between countries.B) the interwar period.C) the period between 1919 and 1935.D) the period from 1890 to 1913, when steamships and railroads increased trade
Solution
The "first golden age" of trade refers to a specific period in history. To determine the correct answer, we need to evaluate the options provided.
Option A states that the first golden age of trade was the period from 1890 to 1913 when tariffs were increased between countries. This option suggests that increased tariffs led to a flourishing trade, which contradicts the concept of a golden age of trade. Therefore, we can eliminate option A.
Option B suggests that the interwar period was the first golden age of trade. However, the interwar period refers to the time between World War I and World War II, which was characterized by economic instability and protectionist policies. This contradicts the idea of a golden age of trade, so we can eliminate option B.
Option C states that the period between 1919 and 1935 was the first golden age of trade. This option aligns with the historical context, as it falls within the interwar period. However, we need to consider the other options before making a final decision.
Option D suggests that the first golden age of trade was the period from 1890 to 1913 when steamships and railroads increased trade. This option highlights the technological advancements that facilitated trade during that time. It aligns with the concept of a golden age of trade, as it emphasizes the positive impact of these advancements.
Comparing options C and D, both options refer to periods that could be considered as potential golden ages of trade. However, option D provides a more specific reason for the golden age, which is the advancement of steamships and railroads.
Therefore, based on the information provided, the correct answer is D) the period from 1890 to 1913, when steamships and railroads increased trade.
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