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European economic history

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After 1918, what factors combined to alter the context of European economics development and how were they evident in the economic problems faced by European nations in the inter war period?

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After 1918, Europe was devastated. If not to the extent of the next war, but in terms of society and the economic health of all countries involved (except for the US, Japan, and a few other exceptions). The vanquished were in ......

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After 1918, Europe was devastated. If not to the extent of the next war, but in terms of society and the economic health of all countries involved (except for the US, Japan, and a few other exceptions). The vanquished were in civil war, or economic and political collapse, including Russia. They were impoverished and suffered under the great weight of reparations to the victors.

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