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Following World War I, the U.S. economy experienced a significant boom, emerging as the world's leading industrial power due to increased production and exports. In contrast, many European economies faced severe challenges, including war debts, inflation, and the destruction of infrastructure, leading to economic instability and slower recovery. The U.S. benefitted from a more favorable position in global trade, while European nations struggled with rebuilding efforts and political upheaval. This divergence set the stage for differing economic trajectories in the 1920s.
What else can I help you with?
How was the north and south economy different?
the northern economy ended slavery.the southern economy continued slavery
What was a negative effect of NativeAmericans trading with the colonists?
One negative effect of Native Americans trading with colonists was the introduction of European diseases, such as smallpox, to which Indigenous populations had no immunity, leading to significant population decline. Additionally, the trading relationships often led to dependency on European goods, undermining traditional economies and practices. This shift contributed to the erosion of Native American cultures and social structures, as they became increasingly integrated into the colonial economy.
Does the Capitalism have a system of free enterprise economy with farms and factories privately owned?
nah cuhz' the answer to that should be (d)none of these. cause the thing's a mixed system A mixed economy is an economic system that incorporates aspects of more than one economic system, usually referring to an economy that contains both privately-owned (Capitalism) and state-owned enterprises (Socialism) [1]. A mixed economic system combines elements of a economic planning with a market economy. In practice, most economies are mixed economies to varying degrees, some more socialist or capitalist than others.[2]
What favored the development of a plantation economy?
The high prices that sugar and later cotton fetched on the European markets.
What was the condition of America’s economy following World War I?
there was a brief recession, followed by economic growth
How was the us economy different from European economies from World War 1?
The U.S. economy grew at a much more rapid rate.
How was the U.S. economy different from European economies following World War 1?
The U.S. economy grew at a much more rapid rate.
How was the US' economy different from European economy following World War 1?
The U.S. economy grew at a much more rapid rate.
What region or group has an economy similar to those of Europe?
Canada and Australia have similar economies to those of Europe. The United States also has a similar economy to European economies.
Is the European union has established a stable economy throughout Europe?
No. The European Union has 28 countries as members, so it consists of many different economies, with some in a better situation of others.
What was Europe's most common economy?
Most European countries would have market economies.
Which parts of the modern world drive the world economy?
The United States and Western European economies have become the twin engines of the world economy.
Whose economy is stronger European Union or United Kingdom?
The EU consist of 27 different counties all with their own economies. The UK's economy cannot possibly be greater than 26 other countries combined.
What is the plural of economy?
The plural of economy is economies. As in "the economies are failing".
Equilibrium and economies scale in market economy?
Equilibrium and economies scale in market economy
Efficiency and economies of scope in regulated economy?
Efficency and Economies of scope in regulated economy
What is a mixed economy based on?
A mixed economy is based on several different types of economies. For example the mixed American economy is a combination of socialism and capitalism.
