Question

Which statement describes the most likely effect that economic inequality had on European countries after World War I? Socialist revolutions overthrew governments throughout Europe. Governments halted rebuilding projects in order to reduce taxes. People became resentful of the burdens the war placed on them. Banking systems failed when most people could not pay back loans.

Answer 1

Answer:

The economies of most European nations were in very poor shape.

Explanation:

After World War II, Europe was devastated by the long period of conflict. The war lasted six years, enough to drive many countries into chaos, harming the economies of the countries involved. Cities, factories, ports, roads and railroads had been bombed and many farms were destroyed. After the war ended, Europe needed to rebuild itself both socially and economically.

In this context of economic reconstruction, the Marshall Plan was launched in 1947, an ambitious project of US loans and financial donations to the European allies devastated by the Second World War. The Marshall Plan was a success and the countries of Europe quickly recovered.

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