True or False?

The destruction and loss of life in Europe, during World War I, played no part in American prosperity during the Twenties.

Question 2 options:

True

False

Th answer is false:

There were determinants when it came to this situation. In World War I EE. UU He had exported large quantities of weapons and other products to European countries. At the end of the war, Europe's economy was seriously affected. The effects of the peace treaties had an impact on the European demographic framework. Germany was seriously affected by the loss of Alsace and Lorraine, territories with large mining industries and, in addition, by the loss of their colonies. Austria and Hungary saw their internal market restricted as their previous territory was reduced to a quarter. To this is added the loss of England's global economic hegemony.

The first Industrial Revolution and colonialism had favored this country. At the end of the war, England had debts of war with EE. UU., Like many European countries, which logically favored the US economy. UU to be the recipient of these. This is because all of Europe needed products that could not be manufactured by the economic collapse. The United States was faced with an excess of demand that caused US revenues to grow dramatically while Europe was rebuilding.