[PDF] economy of france after ww1

1919-1928: Ravaged by the war, France struggles to rebuild its economy. The loss of foreign investment and indebtedness to the United States for war loans have weakened the franc. In an effort to protect and expand French interests, the government nationalizes some industries, including the state oil company.
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  • How was the economy after WW1?

    After the war ended, the global economy began to decline.
    In the United States, 1918–1919 saw a modest economic retreat, but the second part of 1919 saw a mild recovery.
    A more severe recession hit the United States in 1920 and 1921, when the global economy fell very sharply.

  • Did France gain any land after WW1?

    Countries that gained or regained territory or independence after World War I.
    France: gained Alsace-Lorraine as well as various African colonies from the German Empire, and Middle East territories from the Ottoman Empire.
    The African and Middle East gains were officially League of Nations Mandates.

  • How did France change after the war?

    Society since 1940
    Thanks to the social security system that was expanded after World War II, they were better protected against the hazards of illness, unemployment, and a neglected old age.
    The most striking structural change taking place in France was rapid urbanization.

  • How did France change after the war?

    In the years following World War I, there was spiraling hyperinflation of the German currency (Reichsmark) by 1923.
    The causes included the burdensome reparations imposed after World War I, coupled with a general inflationary period in Europe in the 1920s (another direct result of a materially catastrophic war).

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