Question

Discuss the impact of the first world war on the world economy.​

Answer 1

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World War I took the United States out of a recession into a 44-month economic boom. 30 Before the war, America had been a debtor nation. After the war, it became a lender, especially to Latin America. U.S. exports to Europe increased as those countries geared up for war.

Answer 2

Answer:

World War I took the United States out of a recession into a 44-month economic boom. 30 Before the war, America had been a debtor nation. After the war, it became a lender, especially to Latin America. U.S. exports to Europe increased as those countries geared up for war.

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