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No, wars tend to happen after an economic downturn. World War 1, like most wars, mostly froze economies because all attention was toward production of war materials. After WWI, again like most wars, there was/is a short time when soldiers and workers that were making items for military use are out of work. This is also when a demand for goods that are not war related is high. These may have been in short supply during the war and are the start of turning from 'war supply' to 'consumer supply'. Wars are often used to hide political and economic problems. After all, all wars are political. Either to gain support, take something, or hide something. There is the other side - those who defend against their land and property being taken or that are labeled 'the bad guy' by the attacker. Like Hitler claiming that Gays and Jews were the cause of Germany's economic problems, like Al Qaeda labeling countries 'satan' because they are not of the same religious/political persuasion.

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Q: Did the economy collapsed because of World War I?
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