Compare and contrast the effects of first world war in the second world war on economy
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The First World War destroyed empires, created numerous new nation-states, encouraged independence movements in Europe’s colonies, forced the United States to become a world power and led directly to Soviet communism and the rise of Hitler. Diplomatic alliances and promises made during the First World War, especially in the Middle East, also came back to haunt Europeans a century later. The balance of power approach to international relations was broken but not shattered. It took the Second World War to bring about sufficient political forces to embark on a revolutionary new approach to inter-state relations.
After both wars Europe was exhausted and devastated. The difference was that the second major internecine war in Europe in a generation led to a profound change in political thinking, at least in Western Europe, about how states should conduct their relations. Die Stunde Null was the backdrop to the revolutionary ideas of the EU’s ‘founding fathers,’ statesmen such as Robert Schuman, Alcide De Gasperi, Jean Monnet who developed the novel idea of a community of states establishing a political system based on sharing sovereignty. This system has brought many benefits to Europeans but in recent years the system has been under challenge by the rise of Euroscepticism, populism and nationalism. As Europe reflects on the titanic struggle of 1914-18 it is important to recall the advances made since 1945 through European integration and redouble efforts to combat nationalist and extremist forces.