The diagram below depicts the international flow of funds in the 1920s. what does the number 1 represent in the diagram?

The good choice is D.

Explanation:

Exorbitant war reparations were imposed on Germany following its defeat and that of Austria-Hungary in the First World War. It was very difficult for German governments to meet those obligations with France and Great Britain, mainly.

The number 1 represents reparations payment from Germany to France and Britain.

Reparation payments are intended to reduce the war damage by paying a certain amount by one nation to another involved in the war.

Germany had to pay a reparation amount of around 132 billion gold in order to recover world war injuries and civilian damages.  The payment was initiated through the Treaty of Versailles as Britain and France demanded reparation for their economic collapse and suffering.

Learn more about reparations payment here:

link

united states reinforcements contributed greatly to three allied victories in france at: cantigny (first major american battle), argonne (the largest in the united states military history, involving 1.2 million american soldiers), and château-thierry (one of the first actions under general pershing).