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YES! According to my textbook, that is one of the affects WW1 had on the European Countries.

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Q: Did World War 1 drain the treasuries of Europe?
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What impact did world war 1 on the economy of Europe?

The impact of ww1 on the econmoy of Europe was to drain the treasuries of Europe leaving them grappling with huge debts.


How was Germany drain into world war 1?

The were a large threat to countries in Europe.


What was going on in post-World War 2 Europe?

what is going on in world war II in Europe?


Similarities between the Europe war and the war in Iraq?

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How Europe lost supremacy after world war 2?

The ravages caused by the war destroyed most of the manufacturing abilities, drained treasuries and killed valuable and important manpower all over Europe. Vital infrastructure was destroyed, and relationships were torn apart. By the time that Europe was able to rebuild it was deep in the process of war tribunals, investigations, and self-recrimination. With the massive destruction and attendant distractions, Europe had no chance to hold it's leadership position when the US had done such a superb job of increasing manufacturing and survived the war with our infrastructure and national-self-image completely intact.


Was Europe in World War 1 or World War 2?

Europe was heavily involved in both wars, they were fought across Europe and killed millions there.


What battle of World War 1 is the most important and why?

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Where was World War I held?

It took place in Europe!!!!world war one was all throughout Europe and parts of Asia.


Who did Germany fight in World War 2?

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What was the war in Europe before World War 2 that affected the alliances in Europe?

World War I changed the alliance system in Europe and had grave mental, economic, and political consequences for Germany that contributed to Hitler's rise to power.


Why did the world war begin?

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Where was theSecond World War?

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