Which was an economic effect of World War I?

People considered the benefits of capitalism for the first time.

Question

Nina Vaughn

History

6 February, 06:34

Which was an economic effect of World War I?

People considered the benefits of capitalism for the first time.

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Mark Haynes · Answer 1

Answer: World War I took the United States out of a recession into a 44-month economic boom. 30 Before the war, America had been a debtor nation. After the war, it became a lender, especially to Latin America. U. S. exports to Europe increased as those countries geared up for war.

Which was an economic effect of World War I?People considered the benefits of capitalism for the first time.

Which was an economic effect of World War I?

People considered the benefits of capitalism for the first time.