Social Sciences, asked by niteshsg, 1 year ago

explain the impact of first world war on British economy

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Answered by SaquibAnwar
7
The economic situation in 1914. Before World War One, Britain was theworld's economic superpower. ... However it wasn't ready for the economic impact war would have. In contrast, Germany's 1912 budget had approved rising military expenditure until 1917 – effectively militarising their economy ahead of the conflict.

niteshsg: it is 5mark question
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