Why did South Vietnam experience a sharp economic decline after the American withdrawal?

American soldiers were no longer in South Vietnam spending money.

Rice exports had decreased while government spending had gone up.

There was a surplus of goods with no one to sell them to.

North Vietnam would not accept South Vietnamese goods for sale.

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Sasha Petersen

History

21 December, 07:40

Why did South Vietnam experience a sharp economic decline after the American withdrawal?

American soldiers were no longer in South Vietnam spending money.

Rice exports had decreased while government spending had gone up.

There was a surplus of goods with no one to sell them to.

North Vietnam would not accept South Vietnamese goods for sale.

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Goblin · Answer 1

Rice exports had decreased while government spending had gone up is why did South Vietnam experience a sharp economic decline after the American withdrawal