During the second world war, britain s factories were decimated. It also suffered many human casualties, both soldiers and civilians. How did the war affect britain s production possibilities curve?
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Answer:
Second world war has a great impact on the economical and social conditions of the Britain.
Explanation:
The Britain production possibility curve decreased that means it has shifted to the left side of the graph.
This is because during second world war the production in factories of British decimated.
Both military and civilians faced many problems like human casualties.
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The war affected the production possibilities curve of Britain in the following ways:
- When Britain’s factories were totally devastated, their resources were lost which means they didn’t have the resources to manufacture much-needed products.
- The war took the lives of the soldiers who looked after and protected the resources as well as civilians who manufactured the products in the factories.
- This made the production possibility curve to shift inwards for Britain’s economy.
Explanation:
- The second World War was devastating for the country as well as the World economy.
- Many economies collapsed as a result of all economy focused on the war. Britain’s industries were also heavily damaged.
To know more:
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