World War 1 did not bring about that many changes. Austria probably was the only permanent victim in terms of loss of status. Germany was to fully rebound within 15 to 20 years and Russia had always been been 'big', but it was generally self-centered and had never been a major power broker on the world stage. After the Russian Revolution and its aftermath it would like Germany regain its former power and status.
(Near-)permanent power loss would be a much larger factor after WW 2. Germany was this time to remain a 'minor' power for the next 40 years, until well after its unification in1990. Japan, France and mostly, Great Britain were to lose most status permanently. Great Britain had before WW 2 been the major world power but was now crippled with war debt and much impoverished by the subsequent and permanent loss of its overseas Empire in the years after the war. France also was a big loser - during the War, and afterwards when it also had to give up all its colonies.
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Both UK and USA were the major world powers between 1870 and 1914.
The major allied powers of World War 2 were the US, Britain and Russia. The alliance was important because none of the countries would have been able to win the war against the axis powers on their own.
The main countires involved in World War II were split into the Allied and Axis powers. The Allies consisted of 3 Major Powers, the United States, the United Kingdom, and the Soviet Union, The Axis also had 3 Major Powers, Germany, Italy and Japan. Both sides had many small countries and colonies who contributed small ammounts of men and supplies to the war effort.
There were actually many more than just five countries that were part of the Allied Powers. They are listed below. At the beginning of the war, after the US entered the war, the major powers were Great Britain, the US, the USSR, France, and China with Great Britain, the US and the USSR being the major leaders of the Allied forces.Allied countries in WWII:Great BritainUnited StatesUSSRChinaFranceBelgiumAustraliaBrazilCanadaCzechoslovakiaEthiopiaGreeceIndiaMexicothe NetherlandsNew ZealandNorwayPolandthe Philippine Commonwealththe Union of South AfricaYugoslavia