D. Remained poor.
They experienced a period of economic stagnation following the independence. Making a lot of people remained poor despite being free from the European colonization. They need some time before they eventually make adjustments to implement a proper political system in place and develop their economy.
Answer:
These increase in taxes and the increase in nominal income raised revenues from $930 million in 1916 to $4,388 million in 1918. Federal expenditures, however, increased from $1,333 million in 1916 to $15,585 million in 1918. A huge gap had opened up that would have to be closed by borrowing.
Explanation:
