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The effects of the First World War.

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Introduction

THE RESULTS OF WAR The effects of the First World War, which started in 1914, can be simply described as a global shockwave. But the effect of it on the European map was revolutionary. There were several key effects due to the First World War and some of them are the political and economic impact, the cost of lives during the war, and the social impact. A major political effect of the war was the simultaneous collapse of Germany, Russia, and Austria-Hungary, which were the three great powers of Europe, which Lenin described as a mighty accelerator of events, and it destroyed the Hohenzollern, Romanov, Habsburg and Ottoman Empires. And therefore the 'balance of power' ceased to exist. ...read more.

Middle

The heavy loans gave way to temptation to print more money, which resulted in inflation, which had already begun during the war. Britain did not follow the temptation but sought out a solution by increasing direct taxation. The governments intervened with everyday life in a greater scale. They nationalised the railway, took control of shipping and mines and the rationing of food was introduced. According to Robert Wolfson and John Laver, economists calculated that the war cost two to four years of normal growth of capital resources. According historian Terry Morris, some of the other economic factors were the loss of trade during the war years, the loss of foreign investments and losses caused by economic instability. ...read more.

Conclusion

But the negative effect of that was the girls in the munitions industry were exposed to poisonous gases and fumes which turned their skins yellow and resulted in them getting ostracised. But after the war, women gained a respectable place in society and gained the right to vote. Civilians suffered from food shortages and various diseases due to malnutrition. State intervention heavily affected social lives of individuals as laissez faire principals were neglected. The war weakened Europe and strengthened Russia and the United States, as Europe had to find employment for demobilised soldiers and had a struggling economy. Unemployment led soldiers to join paramilitary organisations such as Freikorps and Heimwehr, which promoted violence. Therefore the significant effects on society can be seen. In conclusion, it can be stated that World War 1 had dramatic effect on all combatant nations in many different aspects such as politics, economy, cost of lives and in society. ...read more.

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