Question

How did 1st world war affect the world economy

Answer 1

hey

dude

here is your answer

All of the powers in 1914 expected a short war; none had made anyeconomic preparations for a long war, such as stockpiling food or critical raw materials. The longer the war went on, the more the advantages went to the Allies, with their larger, deeper, more versatile economies and better access to global supplies.

hope helps u

Answer 2

A great loss of money and many other sources affected the world after the first world war.

The war did great damage to the Economics of the Industrialist nation of Europe even the Victoria powerslide France and Britain were much poor at the end of the world they had had to take huge loans from the USA to buy wall materials and other supplies from the country the Global economic depression of 1929 to 1930 is attributed to this war according to some estimates the expenditure on the elite side was nearly was to 56904 77000 dollars and that on the Germany side over 60643 160000 dollars.

The USA emerged as a strong economic and military power in the world.

the wall led to the emergence of many new Nations Europe which earlier had been part of Russia Germany or Austrian Empire these new Nations include Finland, Estonia, Latvia, Lithuania, Poland, Czechsolovakia, Hungary, Romania and Yugoslavia. Estonia, Latvia and Lithuania lost the Independence soon after to the USSR.