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The economic history of World War I covers the methods used by the First World War (1914–1918), as well as related postwar issues such as war debts and reparations. It also covers the economic mobilization of labour, industry, and agriculture leading to economic failure.
Introduction. Globalisation has been under way for centuries. The modern wave of globalisation that dates from the early nineteenth century gave a significant boost to world trade, world capital flows, and worldwide migration, with great powers competing for colonial empires on a global scale.
THE ECONOMICS OF WORLD WAR I: A COMPARATIVE QUANTITATIVE ANALYSIS. Abstract: We draw on the experience of the major combatant countries in World War I to analyse the role of economic factors in determining the outcome of the war and the effects of the war on subsequent economic performance.
This book deals with two issues that then arise. First, what did economic factors contribute to victory and defeat in World War I? Second, how did the war affect postwar economic institutions and performance in the economies that took part or were most affected by the war? As far as the first question is concerned, it is worth recalling that the
Did World War I produce a major economic break from the past in the United States? Did the U.S. economy change in some fundamental and lasting ways as a result of that war? NBER Research Associate Hugh Rockoff addresses these questions in his recent study Until It's Over, Over There: The U.S. Economy in World War I (NBER Working Paper No. 10580 ).
It was the economic disorganization in Russia, Austria-Hungary, and Germany that ultimately brought these states down. The war-induced economic disorganization manifested itself in major disruptions of provision supply and subsistence crises.
11 lis 2014 · Weighed down by peasant agriculture, economic mobilisation in the Central Powers led to urban famine, revolutionary insurrection, and the downfall of emperors – just as it did in Russia, which was the first economy to crack under the strain in 1917.
