what impact did the war have on the economy of europe
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What impact did ww1 have on Europe's economy? Answer by Savannah Herr. Confidence votes 48. The countries in Europe were already in debt from spending there money on the war and they had no need for the factories producing things for the war effort so many lost their jobs. The countries blamed it on Germany (treaty of Versailles) and made them pay for it all.
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- By May 1940, Europe had been at war for nine months. Yet Britain and France, despite having declared war on Germany in September 1939 following Hitler’s attack on Poland, had seen little real fighting.y May 1940, Europe had been at war for nine months. Yet Britain and France, despite having declared war on Germany in September 1939 following Hitler’s attack on Poland, had seen little real fighting.
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Political, Economic & Social Impact of WW1 -Hospitals, schools and houses needed to be rebuilt. -Land to be made arable -> removal of shells. -> Decline in manufacturing input, industry focused on rebuilding the country Economic, Social & Political Impact of WWI Hyperinflation in Germany- 1923 Article 231: War Guilt Clause. - Germany to take full blame for WW1 and pay £6,600 million as reparations.
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- CONSEQUENCES of. WAR on the U.S. ECONOMY. An overview of the macroeconomic effects of government spending. on war and the military since World War II. It specifically examines. five periods: World War II, the Korean War, the Vietnam War, and the. Iraq/Afghanistan Wars, summarizing the effect of financing the wars.
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The Effects of The Black Death on the Economic and Social Life of Europe The Holy Land had been lost in the 1290s and efforts to recover it had been dismal failures. The Black Death exacerbated the difficulties created by war and a constricted economy. There is a relationship here, of course. The effects of the plague were made worse because of these other problems.And the problems themselves were redoubled because of the plague. Another major problem was the Jewish population. In village after village, the common people laid the blame of the plague at the feet of the Jews.he Black Death exacerbated the difficulties created by war and a constricted economy. There is a relationship here, of course. The effects of the plague were made worse because of these other problems. And the problems themselves were redoubled because of the plague.
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Impact of War on Stock Markets Impact of War on Stock Markets. As the Sochi Olympics ended, many eyes turned to the other side of the Black Sea and the threat of war in Ukraine. With each successive turn of good or bad events, our U.S. stock markets1 seem to react in like manner.
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How WW2 affect the global economy Transcript of How WW2 affect the global economy. How WW2 Affected the. Global Economy Although war is very expensive which is a negative, it does create jobs which is very big positive. Thesis Statement: WW2 had a huge impact on the economy in both a positive and negative way.How WW2 Helped the economy. Although WW2 was very expensive to participate in it did help the Canadian economy in the long run. The reason why is because the war created a lot of jobs.hesis Statement: WW2 had a huge impact on the economy in both a positive and negative way. How WW2 Helped the economy. Although WW2 was very expensive to participate in it did help the Canadian economy in the long run.
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- The cost of the war was so great that England consumed all of its credits and became heavily indebted to the United States. As a result of the war, the world's financial center shifted from England to the United States, from London to New York.
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How did World War 2 affect the US economy? 1 World War 2 was one of the reasons the Great Depression ended. 2  World War 2 gave jobs to thousands, if not millions, of people in the U.S. Soldiers were paid and some sent money home, men too old to be in the army replaced the men that were at war, and women worked in factories to build aeroplane's, ships, tanks, etc. The war did not end the depression. 2  The end of the war ended the depression. 3  Going into World War II, the US was in one of the worst economic downturns of the country's history. 4  Money was allocated for the wartime effort and some of the New Deal promises were dropped to the wayside.
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- By U.S. Department of State. Many Americans feared that the end of World War II and the subsequent drop in military spending might bring back the hard times of the Great Depression. But instead, pent-up consumer demand fueled exceptionally strong economic growth in the post war period.
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European History/European Imperialism and Nationalism The period between 1870 and 1914 saw a Europe that was considerably more stable than that of previous decades. To a large extent this was the product of the formation of new states in Germany and Italy, and political reformations in older, established states, such as Britain and Austria.he white man's burden-a satiric take. Europe's political, military and economic domination of the world gave birth to the British notion of the white man's burden. The white man's burden held that the white man had an obligation to forcefully spread their ideas and institutions with others.
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Impact of War on Stock Markets “During WWII stock markets did initially fall but recovered before its end, during the Korean War there were no major corrections while during the Vietnam War and afterwards stock markets remained flat from the end of 1964 until 1982.”7.
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What effects did the Treaty of Versailles have on Germany? The Treaty of Versailles had both an economic and nationalistic effect on Germany. The economic effect of the Treaty of Versailles had to do with the substantial amount of money that Germany had to pay for the war, because the blame was put entirely on them.he Treaty of the Versailles affect Germany by taking away German land in Europe, its colonies in Africa and the Pacific. It also limits the size of Germany's armed forces. It … also placed all the blame for the war on them. 4 people found this useful.
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Germany Economy Industry accounted for 60 percent of the German GDP in 1913, and, by 1914, Germany was the world's leading producer of chemicals and electrical equipment. Unfortunately, that prosperity could not last. Germany was heavily involved in the First World War, and found its economy significantly damaged after the war.
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Economic history of World War I The economics of World War II: an overview*. Mark Harrison**. Introduction: economic factors in the war. This book deals with two issues in the economics of twentieth century. warfare. First is the contribution of economics to victory and defeat of. the great powers in World War II. Second is the impact of the war upon. long-run economic trends and postwar institutions in the economies of. the great powers.1.
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Voltage, Frequency and Plug/Outlet Type in United States of America / USA Voltage, Frequency and Plug/Outlet Type in United States of America / USA. Electricity in United States of America / USA is 120 Volts, alternating at 60 cycles per second. If you travel to United States of America / USA with a device that does not accept 120 Volts at 60 Hertz, you will need a voltage converter.
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- The Social Impact of World War I. World War I had important effects on society at large. Some of you may watch the television series Downton Abbey. This program does a good job of showing how World War I disrupted decades of social norms.
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Impact of World War II on the U.S. Economy and Workforce | World War II Stories Impact of World War II on the U.S. Economy and Workforce | World War II Stories America’s involvement in World War II had a significant impact on the economy and workforce of the United States. The United States was still recovering from the impact of the Great Depression and the unemployment rate was hovering around 25%.
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- WWI and WWII A.After WWI, countries looked to America for economic help B. The stock market crash started a global depression. C. There was a 50% decrease in world trade during the 1930’s. D.Totalitarianism, fascism, and dictatorships are on the rise in Europe and Asia as a result of these hard times. E. Strong leaders thrive in these conditions.
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World War II: Causes of Conflict Effects of the Treaty of Versailles. Many of the seeds of World War II in Europe were sown by the Treaty of Versailles that ended World War I. In its final form, the treaty placed full blame for the war on Germany and Austria-Hungary, as well as exacted harsh financial reparations and led to territorial dismemberment.mboldened by Great Britain and France's reaction to the Rhineland, Hitler began to move forward with a plan to unite all German-speaking peoples under one Greater German regime. Again operating in violation of the Treaty of Versailles, Hitler made overtures regarding the annexation of Austria.
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How did World War II impact European GDP? In years when the GDP is at an increase, the economy is understood to be growing, unemployment tends to be down and exports tend to be up. Even during war time, American output steadily grew, as the physical damage done to the country was relatively limited.
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What were the results of the Thirty Years' War? The war altered the structure of political power in Europe. As a result of the Thirty Years' War (1618-1648), Switzerland and the Netherlands became independent; Germany became fragmented and its population was greatly reduced; and France soon became a dominant power in western continental Europe. The war also saw Spain begin to decline as a colonial power.
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How did the treaty of versailles affect Europe as a whole? Best Answer: The Treaty of Versailles did four different significant things to Europe: 1. It blamed the Germans for the war and treated them as if they had been defeated. In fact, the war ended with a ceasefire; no victory or defeat.he League of Nations was set up ...to prevent another war from ever breaking out in Europe.. Overall, the Treaty of Versailles was a shabby example of poor diplomacy. The USA knew it and Congress refused to ratify it. Also, USA did not join the League of Nations.
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Describe the social, political and economic effects of WWI In the wake of the terrible conflict, Europe and the world were hardly recognisable, and it grew clear that they would never return to their existence of 1914: the immediate and far-reaching consequences of the total war had irrevocable political, economic and social effects.
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The domestic effects on women Fashion. The implications of the war were slow to take effect in the spheres of education and employment for women. In the world of fashion, however, the war had a considerable impact.Prior to the outbreak of war, Australian women, in an attempt to replicate their British background, spent their lives in corsets, skirts and blouses embellished with frills and lace.ashion. The implications of the war were slow to take effect in the spheres of education and employment for women. In the world of fashion, however, the war had a considerable impact.