Answer :
After World War I, national economies in Europe were struggling. The statement that best describes national economies in Europe after WWI is: National economies in Europe were suffering from high unemployment and inflation rates, as well as large debts and war damages.
The national economies of Europe experienced various economic problems after World War I. The war led to massive casualties and destruction, which had a significant impact on economic growth and development. The following are some of the effects on the national economies in Europe after WWI:High Unemployment and inflation rates: After World War I, unemployment and inflation rates were high throughout Europe. The war's destruction resulted in a shortage of jobs, high inflation rates, and a lack of consumer confidence, which affected economic growth.
Large debts and war damages: After the war, European countries had to pay massive war debts and war reparations to the Allied Powers. These debts and war damages made it challenging for European economies to recover from the war and affected economic growth. Loss of resources and production facilities: World War I resulted in the loss of many resources and production facilities, which had a significant impact on the economies of European countries. The war's destruction of factories, farms, and other essential facilities resulted in a shortage of raw materials and goods.
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