0
American and Britain were engaged in close economic trading activity. American trade with the Allies increased between 1914 and 1916 from $825 million to over $3 billion. The government also eased restrictions on private loans to belligerents, further promoting this kind of activity. As a result of these close economic ties, America was forced to join the war in order to ensure the survival of crucial trading partners, thus also ensuring their own financial security.
Wiki User
∙ 13y ago
Wiki User
∙ 14y agonuetrality and some ppl had costly resorces
Add your answer:
Earn +20 pts
What were the estimated economic costs in WW1?
During WW1, the Allies spent $58 Billion while the Central Powers spent $25 Billion. Britain alone spent $20 Billion while the US spent $17 Billion.
What group went into an economic depression almost as soon as WW1 ended?
the U.S.A you non-american!
How did WW1 affect Britain's economy?
Britain has already been in an economic decline, both they and France owed USA millions of dollars, meaning they had huge loans, and the damage cost roughly 20 billion pounds... Naturally things didn't get much better since the production was slow later, etc
What economic problem plagued Germany between 1918 through 1923?
Since Germany did not fare well at the end of WW1, they had to pay 132 billion marks to the winners. This was to keep the nation from growing and was followed by hyperinflation. Under these circumstances, Germany was an economic disaster.
What strangled international trade during the 1920's?
League of nations was what helped the trading begin again after the WW1. As it was one of the leagues aim, that they had to encourage countries to corporate through trade and business. One example was of Britain and Germany. The british may not like it, but this meant jobs for the people of Britain.
What economic ties did french have in ww1?
There were a few ties that French had in World War 2. The main ties were trading and money.
Why did Newfoundland get involved with ww1?
IT WAS NORTH AMERICA
What type of national interest did Great Britain have in ww1?
They wanted security for their nation as well as all of the colonies they had created. Great Britain also wanted economic security and to maintain their dominance in pre-WW1 Europe.
Who were the two countries that encouraged America to enter the war of ww1 because they needed fresh troops?
Britain and France
What did America contribute to WW1?
America only joined world war 1 in 1917 but still gave financial support to Britain and also soldiers.
What day did Americans enter World War 1?
during ww1 Britain imported massive amounts of ammunition and arms from America if great Britain was defeated America would would basically go broke due to the returns they were expecting from great Britain so America joined the war so Britain could win and pay America back the trillions that they were in debt..
What were the estimated economic costs in WW1?
During WW1, the Allies spent $58 Billion while the Central Powers spent $25 Billion. Britain alone spent $20 Billion while the US spent $17 Billion.
Why did Britain join WW1?
Britain was committed to defend France and Belgium and since they joined the Britain did
Who was the ruler at the end of ww1 in Britain?
cake
What stayed the same in Britain after ww1?
people
Who were the all the allies to Serbia in ww1?
the allies to Serbia are the Triple Entente, which included France, Russia and Great Britain...the Commonwealth, Italy, and America were also allies
What problems did US face after WW1?
economic difficulties
