Question

The economic prosperity of South America
Increased following World War I due to feelings of optimism and peace
Decrease following World War I one because Europe no longer needed war materials from South America
Decrease following World War I due to a diminishing trade with Europe because of the war
Increase fall World War I due to trade with Europe
Because of diminishing trade with Europe, following World War I, South American countries became
More self-sufficient by manufacturing their own goods
More dependent on wealthier countries, such as the United States and great Britain by accepting foreign aid
More dependent on imports to generate wealth
Bitter enemies with Great Britain and France, because the lack of money permanently crippled many countries
Which statement least accurately describes the issue that South American faces regarding trade
Great concern is because of the lack of intercontinental trade
Coffee is a heavily demanded item that other country seat from South America
Frequent trading exist amongst South American countries
Much of South America trading involves outside countries

Answer 1

The statements you've provided offer an overview of the economic situation in South America following World War I, as well as the challenges and dependencies of trade within the region and with other countries. Here’s an analysis of the statements:

1. **Economic Prosperity and Decline Following World War I**:
- The correct interpretation of South America's economic situation post-World War I is that there was a **decrease** in trade because European countries no longer required war materials from South America. This aligns with historical trends where European demand for South American exports diminished as they focused on post-war recovery and rebuilding.

2. **Self-Sufficiency and Dependence**:
- After World War I, many South American countries indeed had to adapt to diminished trade with Europe. As such, they sought to become more **self-sufficient** by increasing local manufacturing and production of goods. However, they also became more dependent on foreign countries, particularly the U.S. and the U.K., for financial aid and imports, indicating a duality in their economic strategies.

3. **Trade Relationships**:
- Regarding trade, while there is a concern about a lack of intercontinental trade, coffee is indeed a heavily demanded export item from South America. The statement about South American countries being bitter enemies with Great Britain and France does not accurately reflect the overall trade relationships and historical context of the time.

4. **Least Accurate Statement on Trade Issues**:
- The statement that **"Great concern is because of the lack of intercontinental trade"** is the least accurate. While intercontinental trade issues exist, historically South American countries have always engaged in trade with outside nations, and there were periods of significant trade relationships with countries such as the United States and Europe.

In summary, the complexities of trade and economic relationships in South America after World War I involved a mix of diminished European demand, an effort toward self-sufficiency, and dependency on foreign aid, highlighting the region's evolving dynamics in a post-war context.