answersLogoWhite

0


Best Answer

1. In the approach to WWII Germany, France, Britain and the Soviet Union (and some other countries) greatly increased spending on armaments. In addition, Germany built a strategic road network and invested vast sums in order to produce oil from coal and making synthetic rubber and other substitutes.

2. During WWII most of Europe came under German control and the economies of both Germany and occupied countries were geared to the war. The economies of Britain and the Soviet Union were also very closely harnessed to the war effort.

3. After the war, much of continental Europe was very badly damaged. Perhaps most serious of all was the damage to the communications infrastructure, especially the rail and road networks. This was most important, as it meant that it was difficult to move even essential goods around in many areas. The British economy was utterly exhausted. Throughout the countries that had fought in WWII there was widespread and often severe inflation. Rationing and the absence of many luxury good during the war had forced people to save, but now there was very little to spend the savings on ... Most European countries borrowed very heavily, mainly from the U.S. Towards the end of WWII there were fears that Western Europe would become Communist. In many countries, especially Britain and France, there was a sharp swing to the Left.

The war was followed by a very long boom, which lasted with minor hiccups till 1973 and led to rapid recovery from the ravages of WWII.

or

the marshall plan lent more money then COMECON did.

User Avatar

Brielle Cruickshank

Lvl 10
2y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

13y ago

The countries in Europe were already in debt from spending there money on the war and they had no need for the factories producing things for the war effort so many lost their jobs. The countries blamed it on Germany (treaty of Versailles) and made them pay for it all.

This answer is:
User Avatar

User Avatar

Wiki User

12y ago

IT put the treaty of versiua (not correct spelling) which mention that Germany could only have so many army and basically controlled them improving the economy until Hitler thought of making a small group that grew huge.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How did the treaty of Versailles affect the economy of Europe?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What was the impact of the treaty of Versailles on Europe and the Versailles of the rest of the world after world war1?

the treaty of Versailles plunged Europe into the second world war and it led to the rise of aggressors in Europe


Where was the Treaty of Versailles made?

the treaty was made in europe.


What resulted from the Versailles treaty?

The Treaty of Versailles punished Germany.


How did the Treaty of Versailles affect Asia?

The Treaty of Versailles took away certain areas of China, including Shandong, away from the Germans. Generally, the Treaty focused on lessening Germany's power and influence in Europe and beyond.


Did the Treaty of Versailles affect the world?

yes


How did the map of European differ after the Treaty of Versailles?

The Treaty of Versailles was a peace treaty signed at the end of World War 1. The map of Europe differed due to the treaty, as land was taken from Germany.


What was the most damaging aspect of the Treaty of Versailles?

in Europe


What empires collapsed because of the Versailles treaty?

Europe


How did the treaty of Versailles's change the world map?

The Treaty of Versailles changed the Europe map in a few different ways. The main change was that it established national boundaries within Europe.


How did the treaty of the Versailles change the map of Europe?

Yugoslavia was created.


What problems can you foresee for Europe based on the outcomes of the Paris Peace Conference and the provisions of the Treaty of Versailles?

What problems can you foresee for Europe, based on the outcomes of the Paris Peace Conference and the provisions of the Treaty of Versailles


How did the Treaty of Versailles affect both Europe and the US for many decades to follow?

The Treaty of Versailles ending world war I was the main reason that Adolph Hitler could rally so many Germans to what ended up being world war II.