as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain the political and economic consequences of world war i.
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the political and economic consequences of wwi were vast and long-reaching. the political fallout included the collapse of four major empires - the austro-hungarian, german, russian, and ottoman - which led to the creation of many new states, along with sweeping changes in europe’s political landscape. on an economic level, the war left entire economies in ruins, with mass inflation and staggering losses in production.
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