Question

The economies of many European nations were devastated at the end of World War I for all of the following reasons except _______________.

Question 29 options:

many companies had closed, resulting in high unemployment among farmer soldiers


Latin American and Asian markets for European goods had dried up


governments had raised taxes and borrowed money to wage war


they could no longer trade with the United States because of the depression there

Answer 1

they could no longer trade with the United States because of the depression there

Answer 2

The fourth answer is correct.

During the first world war the American economy strengthened and increased its production considerably. Including, the US was the main source of manufactures, food and arms for Europe.

The Economic Depression in the United States only began in 1929 with the crash of the New York Stock Exchange 10 years after the end of the war.