World War 1
War and Military History

What was the impact of World War 1 on the world's societies and economies?

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May 09, 2007 7:35AM

Economies of every major power in WWI were increasingly mobilized to the limit (agriculture, industry, culture, banking) in order to produce the weapons, and soldiers necessary to fight WWI. The standard of living of every major power declined significantly due to the war. WWI was totalization of war. Specifically the mobilization of whole societies to fight the war.