Question

What were the various impact of the first world war on Britain Economy ?​
short Answer

Answer 1

Answer:

Britain was burdened with huge external debts. (iv) The war had led to an economic boom, i.e., to a large increase in demand, production, prices and employment. When the war boom ended production contracted, employment and unemployment increased.

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Answer 2

1.) unemployed increased.
2) Prices of good’s raised.
3) Great economic depression.