Question
Which economic factors increased after World War I? Select three options.
national debt
consumer prices
economic inequality
industrial production
working class wages
national debt
consumer prices
economic inequality
industrial production
working class wages
Answers
GPT-4o mini
After World War I, the following economic factors increased:
1. **National debt** - Many countries accrued significant debt to finance the war, which continued to impact their economies in the years following.
2. **Consumer prices** - Post-war economies often faced inflation, leading to an increase in consumer prices as demand for goods surged and supply chains struggled to adjust.
3. **Economic inequality** - The war led to disruptions and disparities in wealth distribution, resulting in an increase in economic inequality in many countries.
While industrial production also saw fluctuations, it was not uniformly an increase across all sectors, and working-class wages varied greatly depending on the industry and location.
1. **National debt** - Many countries accrued significant debt to finance the war, which continued to impact their economies in the years following.
2. **Consumer prices** - Post-war economies often faced inflation, leading to an increase in consumer prices as demand for goods surged and supply chains struggled to adjust.
3. **Economic inequality** - The war led to disruptions and disparities in wealth distribution, resulting in an increase in economic inequality in many countries.
While industrial production also saw fluctuations, it was not uniformly an increase across all sectors, and working-class wages varied greatly depending on the industry and location.