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What happened to the profits of many major corporations during the world war 1?
Wiki User
∙ 9y ago
The profits were reduced due to people not spending as much
Wiki User
∙ 9y ago
During World War 1, many major corporations experienced a significant boost in profits due to increased demand for military supplies and equipment. Industries such as steel, munitions, and shipping saw substantial growth. However, not all corporations benefited equally, as those heavily reliant on international trade suffered due to disruptions in global markets and supply chains.
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