julesquare julesquare
  • 12-02-2022
  • History
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How did world war 1 continue to have an impact on capitalism in the post-war era

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kennethconfome
kennethconfome kennethconfome
  • 12-02-2022

Explanation:

Capitalists didn't want WWI; it was a disaster for finance but the war was a disaster for investors, with stock exchanges closed and trade disrupted, while inflation and repudiation wiped out holders of government debt. And The changes brought about by the First World War, often regarded as “total war”, certainly seemed unprecedented. Millions had died violent deaths, leaving postwar societies hollowed out of young men, and millions more returned from war physically and/or psychologically damaged.

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