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Q: What began the collapse of the German economy in the 1920s?
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What began to change the economy in 1880?

The industrial revolution


What has made belarus a successful country in the economy?

Belarus has had massive growth in its economy for some years now, and it hasn't hurt that much since the huge collapse in Europe. Belarus is in debt, but less than half that of its annual GDP. Belarus also only has a 0.7% unemployment rate which is astonishing. It is the third smallest in the world. However, this was in 2010. At the collapse of the Soviet Union, all of its former countries faced an economic crisis. However, Belarus was doing better than everyone else as instead of switching to a capitalist economy, it created a socialist economy. Here, the government was able to keep the economy going and build it strong. However, in 2011, the economy of Belarus went more public. It began to fall and currently is not doing so hot. However, it is still growing strong compared to other European countries.


Which was a cause of the U.S. economic prosperity throughout all of the 1950s?

due to the fact that the economy began to rise


Why was German economy bad in 1925?

The German people were generally blamed for starting WW1 because Germany caused the most casualties and the most damage. Because of this completely false accusation, Germany was forced to sign the Treaty of Versailles which made Germany pay every country it damaged. The German government was in a frenzy to pay off this unfair debt and began mass printing the German currency. This lead to such massive inflation that a loaf of bread at one point cost over 20,000,000,000 (billion) German Marks. WW1 ended in 1919, and Germany didn't really begin to prosper again until the rise of Adolf Hitler in 1933.


What are some of the factors that have facilitated the shift to a service economy?

The United States began to see a shift to a service economy once it became cheaper to manufacture goods overseas. Manufacturing jobs tended to have better pay, but as people began to see that service jobs had a better quality of life those manufacturing jobs became less desirable.