hey guys....another question ......️️
explain about post world wars......
Answers
Explanation:
Aloha !
World war took many lives and many relationships. Many of them lost their properties and shelter. Nearly 1 croce people died in both world wars.
Thank you...
@ Twilight Astro ✌️☺️♥️
Answer:
Compared to other countries, the recovery for U.S.A. was much easier. Since the country got involved in the war in the very later stage, its economy was not much affected. After the war, America instead emerged as the global creditor. Some other factors too helped the speedy recovery of America.
The move towards mass production increased the output per worker by speeding up the pace of work.
Mass production lowered costs and prices of engineered goods.
Higher wages allowed more workers could now afford to purchase durable consumer goods such as cars.
Large investments in housing and household goods created a cycle of higher employment and incomes, rising consumption demand, more investment, and more employment and incomes.
In 1923, the US resumed exporting capital to the rest of the world and became the largest overseas lender.