Uneven economic growth

After the First World War, the economic egemonia moved from Britain to the U.S., and New York in conviertió in world financial center.
Adapting to European economic peace was long and difficult devido to the destruction caused by war, inflacción and rising unemployment. The crisis was particularly strong in Germany, they had to pay war reparations, which saw a sharp rise in prices and a loss of value of its currency, the franc.
From 1923 there was a production growth, a lower unemployment and improved living standards in European countries