What lasting impact of World War 1 weakened the economy of Europe leading to the Great Depression?

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European countries had to spend money supporting refugees fleeing the fighting.
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How was Great Britain's economy affected after World War 1?

It was. Most sources state that Britain spent between 15-25% of it's accumulated wealth fighting the first world war. It borrrowed very heavily, especially from the United States, and was lumbered with massive debts after the conflict.. First of all, 15-25% of wealth might not sound a lot but, it (MORE)

How did World War 2 stem from World War 1 and the Great Depression?

from ww1 to ww2 After WW1 the allied put great barriers on how Germany was allowed to operate, this essentially put alot of strain on the German economy, putting them into a depression. This, ofcourse led to poverty, and since alot of people in Germany never actually noticed the war that much, they (MORE)

What was the impact of World War 1 on the world's societies and economies?

Economic Impact on Europe during WWI . \nEconomies of every major power in WWI were increasingly mobilized to the limit (agriculture, industry, culture, banking) in order to produce the weapons, and soldiers necessary to fight WWI.\nThe standard of living of every major power declined significant (MORE)

How did the Great Depression affect the world economy?

The Great Depression caused international trade credit to collapse.To protect exports, countries started raising tariffs and devaluingtheir currency. The gold standard decreased and in internationaltrade countries began to swap goods instead of paying withcurrency.

How did the Depression lead to World War 2?

The effect of the depression was just to speed up the war. At theParis Peace Conference in 1919 they knew that what they had donewould lead to another war. It was the draconian dictates put uponGermany that would be the dirving force for another war.

What impact did world war 1 have on postwar European economies?

Great Depression also known in U.K. as the "Great Slump" was a dramatic, worldwide economic downturn beginning in some countries as early as 1928. The beginning of the Great Depression in the U.S. is associated with the stock market crash, on Oct. 29, 1929 known as "Black Tuesday".. The Depression (MORE)

How did the Peace Settlement in World War 1 affect the world and the Great Depression?

The Treaty of Versailles was the main peace settlement after World War One. The Treaty of Versailles forced Germany to take the full blame of starting the war, and they had to pay the costs of the war, which included factories, bridges, and ammunition. This added to about $33 billion US. Needless t (MORE)

What turned the World War 1 post-war depression into the Great Depression?

The Great Depression of 1929 was because of the Wall Street ( stock market ) Crash. There are many reasons that lead to the crash, mainly because after WW1 (1920's) were really positive for some, but very bad for others unnoticed. So all the underlying negatives in society were not targeted such as (MORE)

What is the main cause of the Great Depression leading up to World War 2?

There were two main reasons for the great depression. The first was inflation, chiefly caused by the federal government flooding the economy with money. The second was the great stock crash of 1929, which destroyed the fortunes of millions who had suddenly had too much money at their disposal.

What was the impact of World War 1 on postwar europe?

The horrors of the First World War led to widespread social trauma. This Disillusionment following the war manifested itself in a number of ways, sparking artistic, literary, philosophical, musical, and cultural movements. In contrast to pre-war artistic movements, such as Impressionism, post-war ar (MORE)

How did the Great Depression impact on the economy?

Great Depression From Wikipedia, the free encyclopedia This article is about the severe worldwide economic downturn in the 1930s. For other uses, see The Great Depression (disambiguation). Dorothea Lange's Migrant Mother depicts destitute pea pickers in California, centering on Florence Owens Tho (MORE)

How was the world economy during the Great Depression?

The World Economy was bad, with high inflation being the leading effect. But, at the time it became known as the 'Great Depression' in the United States; the world economies where actually getting better. History shows that a group of federal government plans to help end the depression actually made (MORE)

World war 1 and the great depression lead to world war 2?

Yes and no. Germany felt humilated after their defeat in WW1. The formation of the League of Nations and the restrictions placed on the German people created even more hard feelings and resentment.. The depression affected many nations, not just the United States. The escalation of German war power (MORE)

How did World War 1 impact trade with Europe?

At the beginning of WWI, US trade with Europe increased becausePresident Wilson claimed neutrality; the US could trade with bothsides. However, once the US became involved, trade decreased.

Why did the Great Depression in the US have such an impact on the economies of the rest of the world?

Now this is a guess, but i think its because the United States is such a big country. If you think about it, back then and even now we have a lot of ties with other countries. Loans and such between other countries do occur. Soon, the Depression was spreading to the rest of the world, especially (MORE)

What impact did world war 1 have on Europes economy?

IT put the treaty of versiua (not correct spelling) which mention that Germany could only have so many army and basically controlled them improving the economy until Hitler thought of making a small group that grew huge.

Impact of World War 1 on Europe?

i dont know i have a teat tomorrow can you please tell me the right answer. the question is how did world war one impact europe?

How were the economies of Europe nations after World War 1?

The economies of the nations were generally in great shape, as they usually are immediately after a war. The companies are busy buying and building weapons and technology that can be used in war, and as a result, certain nations are booming in business with others and many people are in work. It is (MORE)

Why the Great Depression had such huge impact on economies in other countries?

The causes of the Great Recession seem similar to the Great Depression, but significant differences exist, also, as discussed in the above sections of this topic. The current chairman of the Fed, Ben Bernanke, had extensively studied the Great Recession as part of his doctoral work at MIT, and is im (MORE)

How did the Great Depression help lead the world into World War 2?

The main role the Great Depression played in leading the world into the second world war was that Hitler used it to gain power and votes. Because the Great Depression caused severe poverty, starvation and unemployment, Hitler promised to give the German people work, so that they could buy bread with (MORE)

What was the impact of great economic depression on German economy?

After the German invasionof the Soviet Union in June 1941, mobile killing units following inthe wake of the German Army began shooting massive numbers of Jewsand Roma (Gypsies) in open fields and ravines on the outskirts ofconquered cities and towns. Eventually the Nazis created a moresecluded and o (MORE)

How did the World War 1 aftermath cause The Great Depression?

During the War, most European countries (especially Allies) had borrowed money from American banks. So when the war ended, these countries owed massive amounts of money to those banks, and the war had devastated their economies. They found they were unable to pay back their loans, so as part of the (MORE)

Who was president in the Great Depression and world war 1?

Woodrow Wilson was president from 1913 to 1921. World War I was fought from 1914-1918 (although the US was only in it from 1917-1918). The Great Depression started in 1929. It's not clear exactly when it ended but was certainly over by 1945. Herbert Hoover was president from 1929 to 1933, and Fra (MORE)