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EXTH e International Encyclopedia of the First World War, ed. by Ute Daniel, Peter Gatrell, Oliver Janz, Heather Jones, Jennifer Keene, Alan Kramer, and Bill Nasson, issued by Freie Universität Berlin m pThis text is licensed under: CC by-NC-ND 3.0 Germany - Attribution, Non-commercial, No Derivative Works. g World War I had a damaging effect on the economy. Although it stimulated new industries, some were not competitive. As an importer of labour, capital, and manufactured goods, and an exporter of commodities, Australia benefited from its relationship with the British Empire. It had difficulty, however, placing some of its products on an international market suffering from over-production. Australia inherited from the war an inflationary economy and a large debt, and its post-war borrowing increased the economy’s vulnerability to external shocks. Nonetheless, Australia’s economy was industrialising, a process that would contribute to a very different experience in 1939-1945.
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en d Frank Bongiorno &Post-war Economies (Australia) l 2calibre (2.5.0) [http://calibre-ebook.com] i 9International Encyclopedia of the First World War i 1914-1918-Online i First World War i WW1 i &Post-war Economies (Australia) q ,4b5725c7-5887-4b0b-826c-96e22859355c p 4calibre:4b5725c7-5887-4b0b-826c-96e22859355c EBOK j !2018-05-15T00:00:00+00:00 t Post-war Economies (Australia)
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