Question: 8 Multiple Choice 1 point 2 Why is World War I considered an important turning point in the evolution of the global economy? The war
Multiple Choice point
Why is World War I considered an important turning point in the evolution of the global economy?
The war marked the beginning of the European colonial empires and the US role in the global economic system.
Heavy European war debts and German reparations requirements slowed the pace of economic recovery and the war led to US economic contraction due to war debts.
The war led to US economic contraction due to war debts and German reparation requirements slowed the pace of economic recovery.
The war marked the beginning of the end of European colonial empires and Britain's dominant role in the global economic system and heavy European war debts and German reparation requirements slow the pace of economic recovery.
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