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Germany and the United States were becoming the biggest threats in terms of domestic economic production, having vastly superior Natural Resources compared to Britain. Furthermore, Germany had developed its own policy of Imperialism which led to friction with other imperial powers in Europe up to the First World War.
Even with the decline, in 1914 London was still the centre of international payments, and a large creditor nation, owed money by others. The First World War (1914-1918) saw absolute losses for Britain's economy. It is estimated that she lost a quarter of her total wealth in fighting the war. Failure to appreciate the damage done to the British economy led to the pursuit of traditional liberal economic policies which plunged the country further into economic dislocation with high unemployment (reaching 2,000,000 in 1921) and sluggish growth.
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What is Frances economy like?
Frances economy is is considered one of the most changing in the world. When the economy is good, France is one of the richest countries. When the economy is bad, It is around average. France has a strong economy.Buff
What is the French economy like?
The French economy is like a French economy. >:D
How did Germans feel about World War 1?
The Germans didn't like the war but they didn't exactly hate it but didn't like like I said before.
What was Poland's economy like post World War II?
2nd most competitive economy in the world, one of the fastest growing gnp per year, Poland is 24th biggest economy in the world. We have 204 countries on our planet, Poland is 24th next to Netherlands.
What type of economy is Portugal?
A Mixed Economy, like the U.S.
What was the economy like during and before the Holocaust?
It sounds to me as if you mean World War 2.
What was life like for the Britains after World War 2?
Bad. Rationing and recession were in effect for 5-10 years after the war
What was the economy of Germany like before world war 2?
It was disastrous with hyper inflation mass unemployment etc mobilization was actually away to get the economy moving again in Germany.
What is the US's economy like today?
The United States economy is the largest national economy in the world. It is the 11th largest.
What is denmarks economy like and why?
It's good. Denmark has the sixth best economy in the world.
How did World War 2 effect different countries economy?
it realy affected countries economy it made countries like America control world economy and other countries like third world countries in abadfinancial and cultural condition
Describe what the economy was like before war?
The United States economy before the war was extremely prosperous as the slave trade proved to be a lucrative business.
What was the American economy like by the 1890s?
It was the largest producer in the world.
What was the economy like in the American after World War 1?
the ecomomy BOOMED
What is the economy like in Paris?
The economy of Paris profits heavily from tourism. After all, Paris is the number one tourist destination in the world.
Who was on britains side in world war 1?
Russia France, the US and Canada were the major fighters on Britain's side in WW1 if you would like to find out who else fought you can always Google it
What is Frances economy like?
Frances economy is is considered one of the most changing in the world. When the economy is good, France is one of the richest countries. When the economy is bad, It is around average. France has a strong economy.Buff
