Question

Write the implications of World War 1.​

Answer 1

Answer:

The war changed the economical balance of the world, leaving European countries deep in debt and making the U.S. the leading industrial power and creditor in the world. Inflation shot up in most countries and the German economy was highly affected by having to pay for reparations.

Answer 2

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$\large\sf\underline\green{Implications\:of\:World\:War\:1}$

• Created new economic and political situation

• Increase in defence expenditure

• Increase custom duties and introduction of income taxes

• Increased prices of commodities.

• Forced recruitment of villages in army

• Crop failure in many parts of India leading to shortage of food

• Spread of epidemic, killing millions of people.