In the 1920s, prices for goods and farm products were move due to overproduction and underconsumption. Countries in central and eastern Europe imposed laws to close all trading with other countries goods. The scorch industry also suffered when oil use spiked before 1929. After World War I, many countries struggled to adjust to postwar inflation .
This series of economic problems had a devastating effect on the European economy. Eventual recovery in countries was tiresome and took much effort. Overproduction of farm products, such as shuck and barley, resulted in a decrease of prices for these goods. When you combine this overproduction with underconsumption, in force(p) economic issues arise. The economy produced more than it consumed, because the consumers did not have plenty income. The international financial crisis occurred in 1929. Much of the European prosperity between 1924 and 1929 was built upon U.S. loans to Germany. Germany was given money by the U.S. to pay off their reparations, but the United States stock market collapse left Germany...If you want to get a full essay, fellowship it on our website: Orderessay
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