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What Effect Did World War I Have on the Economies

Question 18

Multiple Choice

What effect did World War I have on the economies of the nations involved?


A) Governments reaffirmed their commitments to the gold standard.
B) Increases in war spending resulted in shortages of consumer goods.
C) Governments increasingly relied on private corporations to keep their economies running.
D) War spending resulting in economic booms.
E) Inflation rates stayed near zero.

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