Describe the results of the First World War in brief.
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Specific Effects of World War 1:
WW1 caused the downfall of four monarchies: Germany, Turkey, Austria-Hungary and Russia. The war made people more open to other ideologies, such as the Bolsheviks that came to power in Russia and fascism that triumphed in Italy and even later in Germany.
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- Over 10 million people lost their lives
- Poverty, unemployment and inflation increased.
- Economic dominance of Europe diminished
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