How Did Ww1 Affect The Economy

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World War I New Technologies World War I, the war to end all wars. It lasted from July 28, 1914 to November 11, 1918 and started with the assassination of Archduke Ferdinand and ended with the Treaty of Versailles (Trueman). This was the first war to be fought by countries from all over the world simultaneously. World War I was not only just a war; it was also a testing ground for new weapons. Over the course of the war new weapons, vehicles and armor were created and for those who it protected or helped were the ones that most likely survived to fight another day. With the creation of these new technologies also can relief for the economy because the war economy took place where the normal economy was failing because the US was buying these new technologies from companies that were in the US which put money into the economy (war economy). The war itself cost the US $22,625,253,000 and it cost the Allied Powers in total all together $125,690,477,000. All of that money is what went back into the economy of failing countries and brought the US out of the Great Depression. There were about 35,000,000 uniformed people who were killed, wounded, or POW [prisoners of war]…show more content…
It was created to try and create a defensive line and to hold you position, but it did more than that. It created new diseases that were very difficult to get rid of. Some examples are trench foot, a fungal infection of the foot; trench fever, severe pain and high fever. As soon as trench warfare began it was obvious that the war would not end quickly at all. (jimmythejock) The unfortunate part about trench warfare is you didn’t need to get in to a fight with the enemy to gain casualties all you had to do was live in the trenches for a couple of weeks and some one or a group of people would end up sick with some disease and if not treated die right there next to you in the trench.
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