Social Sciences, asked by kiara8419, 1 year ago

Explain the impact of ww 1 on british economy

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Answered by Anonymous

2

The economic situation in 1914. Before World War One, Britain was the world'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.

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