Question

wht were the economic and political situation created during 1st world War??​

Answer 1

the war changed the economical balance of the world, leaving European countries deep in debt and making the u.s the leading industrial power and creditor in the world .inflation shot up in most of the countries and the German economy was highly affected to pay by having to pay by having reparations

Answer 2

Answer:

Hey

Here is your answer

It led to a huge increase in defence expenditure which was financed by war loans. Taxes were increased custom duties were raised and income tax was introduced. Forced recruitment in ruler areas caused widespread anger.