Who financed the defence expenditure of world war 1
Answers
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France financed the defence expenditure of world war 1st.
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Germany, Britain and USA financed the defence expenditure of world war 1
Explanation:
- World war I was happened in the year of 1914-1918, this was taken for the period of 4 years and the same has much effect in the economy of many nations.
- Initially Germans were financing the central power and the Britain Financed the Allies.
- This strategy extends until 1916, the financial issues were poked out they borrowed money from the USA.
- This will then expressed as USA was financing the Allies in late 1917.
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