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What were the economic and social effects of World War 1?
Economical and Social Effects of WW1
- Due to WWI, Britain's role in international trade was severely diminished. This affected the British economy badly, especially the Staple Industries (Coal, Iron/Steel, Textiles etc).
- During the war, the disruption of trade had led former overseas customers to Britain (i.e. Russia and the Far East) to reduce the amount of imports from Britain. In the Far East, markets for British goods had been penetrated by new competitors such as Japan who had already seperceded the British in industry
- After the war, problems for British exporters worsened as foreign countries protected their economies with tariffs and govt subsidies.
- Britain had accumulated £1 billion of debt because of the war, owed mainly to the USA
- After a brief post-war boom, in the Winter of 1921-22 a slump set in as world demand contracted. The result of this was large scale unemployment in northern England, south Wales and south-west Scotland
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World War One left an everlasting impact yet to come for many other wars, revolutions and events. Following not to long after the war women were soon gaining more rights; such… as voting and sexual equality. The male dominance lost its flavor and patriarchal ideas weren't so strong anymore. The United States entered the war forever more breaking the idea of wanting to be neutral and isolated. Russia withdrew from the war allowing them to deal with internal conflicts. Also, much more down the line it caused the Cold War and World War 2. World War I set the stage for World War 2. The war cost millions of lives and billions of dollars. It reinforced the American strain of isolationism which contributed to the Great Depression. War reparations and the harsh peace settlement on Germany made conditions ripe to bring Hitler and the Nazis to power, and the war was the straw that broke the back of the Russian monarchy which allowed the Russian Communists to take power. It brought Japan up to Great Power status, which fueled their ambitions in the Far East. Some of the affects of WWI were that many of the countries were in major debt and owed alot of money. The men who returned after that war had no career because thay had joined at such a early stage in their lives. Not much really except mass chaos and made Germany pay reparations, because the treaty of Versailles blamed them for everything. The only thing that came out of WW1, was the beginning fight of WW2. WWI affected many people and killed millions
Germany and the rest of the Central Powers felt unfairly treated by the end-of-war treaty and humiliated by the defeat. As a result, their nationals bore resentment agains…t people from other countries.
World War i ended when the Germans signed an armistice (truse) on November 11, 1989. Later in the Treaty of Versailles (1919) the Germans reluctantly agreeded as a result the …treaty called for germant to pay war reparations of cosis to the victorious nations for its part in starting the war. These war reparations grew diffcult fot the Germans to repay so they paid the reparations in yearly installments. The Tready required that coloies installments. The Treaty required that colonies and part of its land in Europe.
Overall, the Allies spent more than twice of what the Central Powers spent in the war ($58 Billion vs the Central Powers' $25 Billion). Of all countries involved, the UK a…nd Germany spent the most but the UK spent slightly more.
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Socially, Canada became a more united nation because of its involvement in World War I. The war but the country in a 2 billion dollar debt and divided the country politica…lly.
It cost a lot of money to keep soldiers on the front lines. Each country involved had to ration things at home to keep the soldiers well outfitted and people who usually w…orked in the private sector found themselves working for the war effort instead. Governments had to spend huge amounts of money buying armaments and special taxes were levied to fund the war effort.
Social Darwinism affected ww1 because people believed they were better than Russians and other European countries, because of social darwinism people could justify their cruel… actions and feel ok about it. Social Darwinism was taken wayyy too far out of context than what Charles Darwin intended it. the belief in Darwinism caused rivalries between the different countries.
The social impact of World War I was devastating. Millions of people died and were injured. Cities were destroyed and food production dropped almost to zero.
How did the World War 1 affect the belligerents governmental and political institutions economic affairs and social life?
World War 1 would be the end of European empires and new governments were formed. Turkey, Hungary, Russia, Germany and Austria would all come to form new governments. This was… also the time when tanks were invented and many technological advancements were made; thusly making WW1 the 5th deadliest war in history. Europe was redrawn into smaller states and the League of Nations was formed.
The Unied States
the soviet union
World War I, known at the time as the "Great War', and "the War to End All Wars", had a multi-layered effect on the United States. Politically, the U.S. resumed an isolationis…t attitude towards the world, particularly to political affairs in Europe, and was unwilling to become involved in any external disputes or conflicts. The brutality of the war, and significant loss of life played a pivotal role in this perspective. Economically, the U.S. emerged as a premier superpower in the world. The war effort further accelerated the the industrialization of commerce, and GDP (gross domestic product) increased greatly. Socially, there occurred an influx of women into the workforce, as most of the men had been conscripted to serve during the period of U.S. involvement. The social and economic upheaval of half of the population, as well as an overall sense of loss of innocence, contributed to the period of the twenties of as one of the "Lost Generation" of poets, writers, and artists emerging from the war experience, as well at the "Roaring Twenties" of the suffragist movement, Prohibition and subsequent increase in bootlegging and organized crime.
The depression & drought hit farmers on the Great Plains Your Welcome ;D
Adopting woman's suffrage
In World War 2
completely ended the Great Depression . temporary increase in number of women working . many new technologies and materials introduced that improvedthe post war economy
The economical political effects were that they didn't have a goverment yet, so they werent so orginized yet. They didnt have a permenant army yet, except for the continental …army and the militia. Also they didnt have the money to affoard supplies for war, so thye tried printing out money ,which is called continental currency, but that failed them. The social effects were that they actually gained support from the french.