Production capacity utilization started to decline around the end of world war 1 because of Firms that held dominated their respective industries before the war carried their positions due to lack of competition.
<h3>Why did production capacity utilization started to drop around the end of world war 1?</h3>
World War I or the First World War, often shortened as WWI or WW1, started on 28 July 1914 and ended on 11 November 1918.
Capacity utilization or capacity utilization stands for the extent to which a firm or nation operates its installed productive capacity. It stands for the relationship between output that stands produced with the installed equipment and the potential output which could be constructed with it if capacity was fully utilized.
Capacity utilization guides how much of a factory's production capacity is currently being utilized. The KPI follows how much of a manufacturing operation's potential output exists being met and includes everything from machinery capability to available resource utilization.
Hence, Production capacity utilization started to decline around the end of world war 1 because of Firms that held dominated their respective industries before the war carried their positions due to lack of competition.
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The Vietnam War (Vietnamese: Chiến tranh Việt Nam), also known as the Second Indochina War,[60] and in Vietnam as the Resistance War Against America (Vietnamese: Kháng chiến chống Mỹ) or simply the American War, was a conflict in Vietnam, Laos, and Cambodia from 1 November 1955[A 1] to the fall of Saigon on 30 April 1975.[15] It was the second of the Indochina Wars and was officially fought between North Vietnam and South Vietnam. North Vietnam was supported by the Soviet Union, China,[19] and other communist allies; South Vietnam was supported by the United States, South Korea, the Philippines, Australia, Thailand and other anti-communist allies.[61][62] The war, considered a Cold War-era proxy war by some,[63] lasted 19 years, with direct U.S. involvement ending in 1973, and included the Laotian Civil War and the Cambodian Civil War, which ended with all three countries becoming communist in 1975.
