Question

describe in brief the economic condition of the Britain after first world war.

Answer 1

The US economy grew rapidly during the 1920s and it became the foremost industrial and financial power in the world. This boom continued till the Great Depression that started in 1929. Japan also benefited greatly from the war by diversifying its economy and expanding its economy.

Hope this helps you

Answer 2

$\Large\underline \mathbb\pink{ANSWER}$

⏩Economic conditions of Britain after the first "World War":

After the First World War Britain found difficult to recapture its earlier position. Britain was burdened with huge external debts. The war had led to an economic boom, a large increase in demand, production and employment. When the war boom ended, production contracted and unemployment increased. At the same time, the government reduced bloated war expenditures to bring them into line with peace time revenue. These debts led to huge job losses. Many agricultural economists were also in crisis.

_________________________________________

hope it's helpful ✔