Scribd Logo
Upload

Welcome to Scribd!

  • The Main Political Powers Behind The Second World War

    Uploaded by

    Maurice Lima
    19 views1 page
    The First World War had a profound negative impact on the global economy through high government spending leading to inflation, shortages of labor and resources from mobilization for war, disrupted trade and destroyed infrastructure. After the war, many countries shifted to command economies with governments controlling production as the global economy struggled with the aftermath, contributing to the Great Depression.

    Original Description:

    politics

    Original Title

    The Main Political Powers Behind the Second World War

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The First World War had a profound negative impact on the global economy through high government spending leading to inflation, shortages of labor and resources from mobilization for war, disrupted trade and destroyed infrastructure. After the war, many countries shifted to command economies with governments controlling production as the global economy struggled with the aftermath, contributing to the Great Depression.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    19 views1 page

    The Main Political Powers Behind The Second World War

    Uploaded by

    Maurice Lima
    The First World War had a profound negative impact on the global economy through high government spending leading to inflation, shortages of labor and resources from mobilization for war, disrupted trade and destroyed infrastructure. After the war, many countries shifted to command economies with governments controlling production as the global economy struggled with the aftermath, contributing to the Great Depression.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    The First World War had a profound impact on the global economy, causing

    widespread damage and disruption. Some of the key effects include:

    High go The First World War had a profound impact on the global economy, causing
    widespread damage and disruption. Some of the key effects include:

    1. High government spending on war effort led to inflation and devaluation of


    currencies
    2. Shortage of labor and resources caused by mobilization of men and materials
    for war
    3. Disruptions in international trade and commerce
    4. Destruction of infrastructure, factories and cities
    5. Decline in investment and economic activity

    In many countries, the war led to a shift from a free market to a command economy,
    with governments assuming greater control over resources and production. The
    aftermath of the war also contributed to the Great Depression of the 1930s, as the
    global economy struggled to recover from the devastating impact of the conflict.
    1. vernment spending on war effort led to inflation and devaluation of currencies
    2. Shortage of labor and resources caused by mobilization of men and materials
    for war
    3. Disruptions in international trade and commerce
    4. Destruction of infrastructure, factories and cities
    5. Decline in investment and economic activity

    In many countries, the war led to a shift from a free market to a command economy,
    with governments assuming greater control over resources and production. The
    aftermath of the war also contributed to the Great Depression of the 1930s, as the
    global economy struggled to recover from the devastating impact of the conflict.

    You might also like