which eastern european country was able to increase industrial capacity, despite the depression and despite being far less economically developed than its western neighbors? group of answer choices bulgaria

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28-10-2022
History

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which eastern european country was able to increase industrial capacity, despite the depression and despite being far less economically developed than its western neighbors? group of answer choices bulgaria

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contexto1028 contexto1028 · Answer 1 · 2022-11-02T14:18:50-04:00

Romania, a country in eastern Europe, was unable to expand its industrial capacity despite the downturn and the fact that its economy was far less developed than those of its western neighbors.

Does the economy of Romania grow?

The International Monetary Fund (IMF) board's judgments under Article IV predict that Romania's GDP will increase by 4.8% in 2022 and 3.4% in 2023, "driven mostly by momentum in domestic demand" In 2021 and H1, Romania's economy grew by 5.9% and 5.6%, respectively.

What impact did Europe's urbanization process have on the continent's economies?

Urbanization and industrialization developed into self-sustaining processes. More people followed in quest of employment as economic output moved to metropolitan regions. Economic resources moved to the cities as urban populations grew because they offered cheap labor and were constructing the necessary infrastructure.

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