Impact Of Ww1 Flashcards
What was the economic impact of war?
Cost - £34billion (cost to GB), inflation in Germany, shattered European economic progress, American progress continues
Physical - loss of trade and foreign investments, drop in manufacturing output, land and industry destroyed in war zones - economic crisis
Decline of Europe, Rise of America - USA share of world trade increases dramatically, worlds economic super power
What were the political results of WW1?
Continuity - GB and F keep their empires and continue colonial polices, nationalism still strong
Fall of Imperial monarchy and rise of republicanism - loss of faith in monarchy, rise of radical fascist parties in G and I, communism in R (1917 revolutions)
Political map of Europe redrawn - balance of power lost, R, G and AH lose their empires and successor states emerge - unstable ethnic rivalry
League of Nations is formed - reform international relations, Wilsons 14 point programme
What was the social impact of war?
Human cost of war - ‘lost’ generation, left ‘dependants’ who had to be supported by state pension, Spanish flu left 15million dead, 8million dead soldiers
Improved position of trade unions and workers - could seek greater social and political power, improved pay and conditions, GB - social insurance benefits
Improved social status of women - were bought into work during war, received vote in GB, improved their confidence and their voice
What was the impact of the war in Japan?
Did well economically
New markets bought economic growth and prosperity
