Question

Write down the impact of the First World War on the world economy

Answer 1

It cost very much on government for the need of arms clothes army etc

Answer 2

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Impact of first world war on world economy

• during the first world war all went to battle and woman stepped in to undertake jobs that earlier only men were expected to do
• the world war lead to snapping of economic links between some of the world largest economic power because they were nowfighting each other to pray for them
• Britain borrowed large sums of money from US banks as well as the u.s. public in order to fight the war the word that transformed the US from being and international debtor to run International creditor
• the war held to any economic boom there is no large increase in demand production and Employment when the volume and production contacted as unemployment increased