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With the amount of men being sent to war many jobs ordinarily performed by skilled laborers were being performed by women and children. Industries flourished with the new need for weapons, vehicles, uniforms etc. The economic impact obviously was mostly negative, however in some cases industries profitted from it. Germany's economy was crushed by the war and after the treaty of Versailles was drawn post-war time Germany would be in economic strain for a long time. In fact Germany had a devastated economy up until Hitler rose to power. The treaty of Versailles meant Germany had to pay for the entire war damages, an impossible bill to pay.
Wiki User
∙ 12y ago
Wiki User
∙ 14y agoA lot of countries lost a lot of money because all the stuff they had built or buy.
Wiki User
∙ 11y agoThe great depression wasn't until 1929 and lasted years, closer to World War 2. World War I and the great depression weren't directly related to one another.
Wiki User
∙ 14y agoAfter World War I, Germany had to take sole responsibility for the war; they were responsible for paying all the damages related to the war.
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economic - google refused to tell me social - no more slaves political- get independence , start revolutionary war
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Larger defense budget.
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Social impact of the war during World War 2?
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How did World War 1 change the balance of the economic power in the world?
World War 1 change economic power the right way
How did world war 1 change the economic balance of power in the world?
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How did world war 1 change the balance of economic power in world?
World War 1 change economic power the right way
What impact did World War 2 have on British women as mothers?
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