Briefly describe the political and economic situation in the United States after World War 1. Then

explain how political and economic factors during this period contributed to the Great Depression. (5

points)

Check the explanation

Explanation:

The war caused the collapse and abrupt death of empires and the birth of nations; it also had some influence in modern literature and altered its culture. The effect and result of World War I was monumental and enormous.

Even if it was a branded as a devastating experience for the United Kingdom and France, they were able to restore their economic strength without any difficulty.

Another economic and political factor to note during the time of the Great Depression was the hyperinflation, which was as a result of the price of goods rapidly increasing while at the same time the value of currency was decreasing.

answer: economic globalization is the increasing economic integration and interdependence of national, regional and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital