The economic prosperity of South America
(1 point)
Responses
increased following World War I due to trade with Europe.
increased following World War I due to trade with Europe.
decreased following World War I due to a diminishing trade with Europe because of the war.
decreased following World War I due to a diminishing trade with Europe because of the war.
increased following World War I due to feelings of optimism and peace.
increased following World War I due to feelings of optimism and peace.
decreased following World War I because Europe no longer needed war materials that South America.
The economic prosperity of South America:
Increased following World War I due to trade with Europe.
During World War I, many European countries were focused on the war effort and were not able to produce as many goods for export or to cultivate enough of their crops. Many turned to South America for supplies of raw materials, agricultural products, and other goods. After the war, while Europe was rebuilding, countries in South America continued to benefit from increased demand for their exports. However, it is important to note that the situation varied from country to country and the post-war economic boom was not universally shared or sustained across the entire continent.
The later downturn in the 1930s, particularly during the Great Depression, had a significant negative impact on South American economies as demand for their exports in Europe and North America plummeted.
In the context of your list, and considering that there are duplicate entries, if you must choose one answer, the most historically accurate statement for immediate post-WWI would likely be:
Increased following World War I due to trade with Europe.