Carola S. answered 03/21/19
Student at Purdue University
One of the biggest issues any country faces after becoming independent is financial stability. During the American Revolution, the British military destroyed many American trading ships, making any revenue off exports nearly impossible. After the war, the British and their allies refused to trade with the US, which further damaged exports and trading. Within the US, a vast amount of the population was in debt and law enforcement did very little to ensure debts were paid back. This negatively affected the US banking system and interstate trading. Inflation was also a result of this.
After World War II, many European countries began the process of decolonization. This had a huge impact on many African nations, most of which had never experienced any kind of independence and had no idea how to govern themselves or establish a stable economy. The most prevalent example might be Libya, which was freed in 1951. From the time they were freed to the present, Libya has experienced political instability and corruption. There have been numerous military coups that have overthrown the government, and they are currently caught up in a civil war. Groups such as the United Nations have tried to intervene and help, but Libya remains an unstable country.