Question

Refer to the production possibilities curve. At the onset of the Second World War, the Soviet Union was already at full employment. Its economic adjustment from peacetime to wartime can best be described by the movement from point

A. c to point b.
B. b to point c.
C. a to point b.
D. c to point d.

Answer 1

During World War II, Germany's production possibilities curve was affected by the destruction of its factories and the loss of human resources.

Step-by-step explanation:

The war affected Germany's production possibilities curve by decimating its factories and causing significant human casualties. Germany's productive capacity was severely reduced, leading to a decrease in its ability to produce goods and services. This would result in a shift inward of its production possibilities curve, indicating a decrease in potential output.