What would you like to do?

What were the economic and social effects of World War 1?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

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
Thanks for the feedback!

What were the effects of World War 1?

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

What were the social ramifications of World War 1?

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

What were the economic consequences of World War 1?

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

World War 1 economics?

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

What were the economic factors of World War 1?

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

How did social Darwin effect World War 1?

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

Social impact of World War 1?

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

How did fighitng world war 1 change America politically and economically and socially?

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

What was the economical political and social effects in the revolutionary war?

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