Why did European nations face financial challenges after World War I? Check all that apply. They needed to recruit soldiers for the military. They needed to rebuild destroyed infrastructure. They needed to pay higher salaries to workers. They needed to repay money they had borrowed. They needed to finance students’ education.
Answers
b) They needed to rebuild destroyed infrastructure.
d) They needed to repay money they had borrowed.
Explanation:
- While the US economy has greatly benefited from partaking in the war, the European economies had experienced a significant reversal. Europe, especially Germany, was hit economically. The European economy was devastated by war reparations, civil unrest, depression, and high unemployment. This left the remaining populations of Europe poverty and economic difficulties.
- The war altered the world's global structure, putting European economies heavily in debt and rendering the United States the world's largest industrial force and investor. Poverty had risen, and reparations had impacted Germany's economy tremendously.
Answer:
European world war I
Explanation:
They had to rebuild destroyed infrastructure. They had to pay better salaries to workers. They had to pay off cash that they'd borrowed.
World War I's legacy of debt, protectionism and crippling reparations set the degree for a worldwide financial disaster. World War I's legacy of debt, protectionism and crippling reparations set the degree for a worldwide financial disaster.
At the quit of the strugglefare, tens of thousands and thousands of human beings had been useless and tens of thousands and thousands extra homeless, the European financial system had collapsed, and plenty of the European business infrastructure were destroyed. The Soviet Union, too, were closely affected.
Americans stopped shopping for from foreign places nations. - Many nations raised price lists on imported goods. - Americans demanded reimbursement of European loans. unpaid WWI debts.
The strugglefare ended on November 11, 1918, and America's financial growth speedy faded. Factories commenced to ramp down manufacturing traces withinside the summer time season of 1918, main to task losses and less possibilities for returning soldiers. This brought about a quick recession in 1918–19, observed through a more potent one in 1920–21.
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