How Did Ww2 Affect The Economy

When the war finished people called it the great war because the war was revolutionary in many ways including military and economic ways mainly because the material costs were enormous. There was some twenty some countries when it started and grew to thirty two countries. People did not start calling it a World War until later when world war II started, when they notice that it was actually a global conflict. A few reasons why this could be consider a “total war” is because of economic factors, civilian involvement (social impact), and worldwide political influence.

World War I had a big effect in the economic world because all countries that fought in the war lost so much money, but only the victors were the only ones to repair without trouble. Germany is the one to be the most affected by this because of the treaty of versailles, that victors made them do reparation payments. Germanys money currency went and that did not just affect them but also the other countries it trade with. As well for the U.S., Britain, and everyone else around the world because they were all connected some how economically. Its weird and dumb also how the U.S. would give money to germany who would use that money to pay britain who then used it to pay back the U.S. Therefore this could be

It affected many people because the war brought opportunities and progressive thinking all over the world. Since people in their own country were trying to work together for a common goal, this led classes to not be as important as it was anymore, sometimes higher classes would lose so much power. Also woman in many countries around the world had to step up and undertake variety of jobs that men would usually do. They were now able to have their own apartment and be a bit more of independent. Therefore if World War I did not happen it could be assumed that nothing would of changed for woman