How did the increase refugees due to world war 1 affect European economics?

The influx of refugees due to World War I strained European economies by overwhelming local resources and services, leading to increased demand for housing, food, and employment. Many countries faced inflation and heightened social tensions as they struggled to accommodate the displaced populations. Additionally, the integration of refugees into the labor market sometimes created competition for jobs, exacerbating economic instability in certain regions. Ultimately, the refugee crisis contributed to long-term economic challenges and shifts in Demographics across Europe.