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25 de nov. de 2021 · Compared to the brief European wars of the 1800s, World War I was economically devastating, and the use of poison gas warfare and artillery even destroyed large tracts of arable land. After World War I: Treaty of Versailles, German War Reparations, and Inflation
After surveying the U.S. mobilization and financing for the war, Rockoff concludes that perhaps the greatest impact of World War I was a shift in the landscape of ideas about economics and about the proper role of government in economic activities. When the war began, the U.S. economy was in recession.
Lists covering some of the major causes and effects of World War I, international conflict that in 1914–18 embroiled most of the nations of Europe along with Russia, the United States, the Middle East, and other regions. The war was one of the great watersheds of 20th-century history.
Weighed down by peasant agriculture, economic mobilisation in the Central Powers led to urban famine, revolutionary insurrection, and the downfall of emperors – just as it did in Russia, which was the first economy to crack under the strain in 1917.
29 de nov. de 2021 · It then suggests that new global histories of the First World War give further attention to its economic aspects, particularly in two ways: first, by recovering understudied global financial aspects of the war, including the effects of the 1914 financial crisis and wartime inflation on economies and societies far outside of Europe ...
23 de jul. de 2009 · The modern wave of globalisation that dates from the early nineteenth century gave a significant boost to world trade, world capital flows, and worldwide migration, with great powers competing for colonial empires on a global scale. The Great War of 1914 to 1918 then interrupted and, for a time, set into reverse the process of ...
12 de feb. de 2019 · World War I’s legacy of debt, protectionism and crippling reparations set the stage for a global economic disaster.
