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 also sold many of it's overseas assets so no longer got income from them. It was also owed a large sum of money by the Russians but when the communists took over, they said that it was a debt to the Tsar not the people. Not only this but its staple industries simply hadn't modernised and so industries such as coal began to suffer especially as the Germans were paying their reparations to France in coal. France had previously been one of Britains main buyers of coal. Also, because during the war Britain could not produce goods to sell to foreign markets, after the war, Britain found that many of it's previous buyers had set up their own industries and no longer needed to buy from Britain.
It wasn't really affected because most of the countries that took part in WW1 were in great debts with a total loss of money through out Europe that was over 200 billion pounds. Such as Great Britain had many debts to pay off, where the USA didn't since they entered the war later on,so they didn't loose as much as other countries had. And most countries were just getting used to the flow of not being in total war anymore and focusing on building on their new country or in Russia's case repairing their country. So as factories production went back to producing products for their society and not war benefits, things eventually got back to normal. Of course until WW2.
women were great and did alot of work!!!!wuhu!!!
That n00b knows nothing about anything.
Great Britains economy crashed, they had exhausted all their rescourses on the war.
Don't know the statistics, but it was totally messed up, they spent more than 10 million pounds on war efforts. I think.
There was more rights for women
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it realy affected countries economy it made countries like America control world economy and other countries like third world countries in abadfinancial and cultural condition
How about: we won it for the rest of the world?
it helped pull us out of the great depression.
it was the strongest economy in the world
Great Britain used bombs
Number 5 as of the Olympics
American banks demanded repayment of foreign loans
badly
a paliamentary system
Britains goal was to win the war then continue conquring the world.
The general cost of living rose dramatically in the early 1920's. This is what was known as the Great Depression which affected the economy of the world.
The Great Depression affected many people all over the world.
Make Hosni Mubarak, Egypt's economy one of the strongest economies in the world, Egypt's economy is one of the few who were not affected by the global economic crisis ... and your right record did not materialize in America during the global economic crisis ... Since the order of Egypt's economy is 26 in the world and this number is Excellent
Mainly, it was World War II.
it realy affected countries economy it made countries like America control world economy and other countries like third world countries in abadfinancial and cultural condition
Globalization
How about: we won it for the rest of the world?