What are Economical causes of World War 1?

Answer 1

The economic causes of World War I largely stemmed from intense competition among European powers for imperial expansion and resources. The industrial revolution had increased production capabilities, leading nations to seek new markets and raw materials, particularly in Africa and Asia. Additionally, the interconnectedness of economies created tensions, as countries such as Germany sought to challenge British economic dominance. Finally, militarism fueled by economic rivalry led to an arms race, further escalating tensions and contributing to the war's outbreak.