Question

what were some of the effects of the large military expenditures on each of these countries after the end of ww1?

Answer 1

Answer:

World military expenditure in 2012 is estimated to have reached $1.756 trillion;

This is a 0.4 per cent decrease in real terms than in 2011 — the first fall since 1998;

The total is still higher than in any year between the end of World War II and 2010;

This corresponds to 2.5 per cent of world gross domestic product (GDP), or approximately $249 for each person in the world;

The 15 countries with the highest spending account for over 81% of the total;

The USA is responsible for 39 per cent of the world total, distantly followed by the China (9.5% of world share), Russia (5.2%), UK (3.5%) and Japan (3.4%)Military spending is concentrated in North America, Europe, and increasingly, Asia.