'The rise and decline of the great powers can be explained by their relative economic performance' To what extent do you agree?

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‘The rise and decline of the great powers can be explained by their relative economic performance’ To what extent do you agree?

        The great powers relative economic performances played a large role in determining their strength and power. Economic change in Britain, Turkey and Russia led largely to their declines between 1900 and 1919, while in the USA and Japan it led to their rise. However there were also many other factors in each country’s change in power. Size of Military strength and also the army’s reputation for success or failure in wars previously were very important as they determined how powerful the country would be in a time of war. Previous wars had benefited the USA, Japan and Britain but simultaneously weakened Turkey and Russia, de-stabilising their governments. Victory or defeat in wars also affected the outcome of any treaties that may have followed. These treaties were crucial factors in determining a country’s power, as a poor outcome in a major treaty could destroy a country, leaving it small and weak. The impact of treaties on the powers was particularly shown by Germany’s outcome of the Treaty of Versailles following World War 1. The Treaty left Germany with a small, useless military, very little money and a small empire. To be a great power, a country must have a large empire, such as that of Britain in 1900, which owned one quarter of the worlds land, and ruled one third of the worlds population, making it the worlds most influential and powerful country at the time. However, World War 1 itself was the key factor in the rise and decline of the great powers as it was the cause of the Treaty of Versailles, and thus Germany’s decline in Power, and many of the other Power’s rises. It was also the cause of the break up of the Austro-Hungarian Empire, the removal of Turkish territory in Europe, the Russian Revolution, the Depression in Britain and finally, it revealed the amount of power held by the USA and Japan. In 1900 the Ottoman & Russian empires, Germany, France and Britain were the great powers but by 1919 this had changed significantly, as the USA and Japan had emerged as world powers, the Ottoman empire had completely collapsed, Russia and Germany had temporarily declined while France and Britain had both declined in empire but were strengthened economically.

         The early 1900’s saw large economic change in many of the Great Powers. The most significant of these was Germany, whose pre-war economy was flourishing, far stronger than Britain’s, however descended into chaos following World War 1. This was due partially to the expense of war, but mainly to the reparations demanded by the Treaty of Versailles. This plummet in the economy caused mass unemployment, devaluation of currency and hardship nationwide. It also put a great strain on relations between Britain, Russia and France and Germany, as well as allowing the rise of Hitler as a radical solution to the problem. This also demonstrates the weakness of the German government to manage and control the crisis and shows its instability, which would have made it almost impossible for it to have worldwide influence as a power at that time. World War 1 also had a detrimental effect on Britain’s economy, as the cost of war left the government in debt, however the vast size of her empire allowed her to maintain influence and power. On the other hand, the USA’s economy was flourishing due to the invention of mass production known as ‘fordism’. This economic boom continued up until the wall street crash in 1929 which caused crisis in America, and then worldwide. Despite this, up until that time America remained one of the most economically stable countries of the world, as well as maintaining a stable government allowing it to have power.  Japan at this time was also economically stable, and used this to their advantage when deciding to modernise the country in 1853 to safeguard against attack, after a warship landed in Yokahama harbour. In stark contrast, both Russia and Turkey were based on a feudal peasant system and had poor economies. In Russia this was leading to support for Lenin and Communism to improve the standard of living. Lack of money in both countries reduced the amount of influence they could have abroad as they could not afford trade of consumer goods, or to maintain empires, which are expensive.  

        In 1900 the largest empires were the British Empire, and the Ottoman Empire, which was ruled by Turkey, however in the following years, both of these powers underwent imperial change, with the collapse of the Turkish Empire the most significant. In 1875 there was rebellion in Bosnia and Herzegovina over the ill treatment of Christians, and in 1876 the Serbs, Montenegrins and Bulgarians joined them. In response to this, the Turkish government became even crueller, attracting worldwide attention. The Russians claimed that they had to help the Christians and so in 1877 they invaded, crossing the river Danube. Britain threatened to declare war on Russia if she continued her advance and in January 1878 the Turks signed an armistice to end the war. However as a result of this Turkey lost most of her European Empire including Bulgaria, Rumania, Serbia and Montenegro. This dramatically decreased the power and influence of Turkey, but in doing so, increased Russia’s empire as she was given Kars, Batum and part of Bessarabia. Russia also ruled over Latvia, Ukraine Belarus, Georgia and Armenia, however she struggled to hold onto these countries, making her actually very weak despite her size and Empire. Britain, in comparison seemed to have a strong hold on her empire, trading frequently with Australia, India, New Zealand and Hong Kong. In addition to these Dominions, Britain also had power over many mandates such as Palestine, Iran, Transjordan, Iraq and Syria, as well as her formal colonies. This enabled Britain to have a large influence over a vast area of the world, and also gave her reliable food imports as well as a valuable export market.

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        In contrast to this, many of the Great Powers did not have large empires, but held power due to other factors. America, for example, had no formal empire, but instead had ‘virtual colonies’ such as Puerto Rico, the Philippines, Panama and Cuba, in addition to a group of countries that it effectively ‘babysat’, such as Mexico, Chile, Argentina, Paraguay and Uruguay. In fact, America had previously been part of the British Empire. Japan controlled Korea, Taiwan and part of Manchuria after her war with China. She also benefited from Russia’s loss of Chinese territory and from Germany’s colonial losses in ...

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