Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Economic and Political Fallout of World War I - Term Paper Example

Comments (0) Cite this document
A writer of the paper "Economic and Political Fallout of World War I" outlines that when many nations of the world have this objective and the other group of nations tries to protect their territory from these nations, it would result in World Wars…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.4% of users find it useful
Economic and Political Fallout of World War I
Read Text Preview

Extract of sample "Economic and Political Fallout of World War I"

Download file to see previous pages The world got ‘shaped’ both geographically and historically by two global conflicts that happened in the twentieth century. It included the First World War and the Second World War, with the First World War starting in 1914 and ending in 1918 with the signing of Treaty of Versailles. Although the First World War ended officially in 1918, its aftereffects simmered for many years, leading to the political and the economic fallouts in various regions of the World, particularly in Europe as well as United States, Asia, Africa and Latin America. Europe In Europe, the political and economic fallout of First World War was mainly visible in Germany and Italy. Defeated in the First World War and with fellow European countries from Britain to Spain dominating the world scene during that period, through their imperialist policies, Germany and Italy along with Japan thought of exhibiting their imperialistic leanings. They thought of capturing many colonies, which will enable them to regain their lost glory. Germany for instance at the end of the First World War I lost some of its most economically rich territories like eastern portion of Upper Silesia, Saarland and Rhineland to its fellow European neighbors, France, Poland, etc. The loss of these territories apart from depriving Germans of economic wealth also resulted in population relocation and thereby problems with neighboring territories. These problems fueled the German ambition to regain its lost territories. Importantly by restoring the ‘rightful’ boundaries to pre-First World War Germany, its leader, Adolph Hitler wanted to form a Greater Germany. Through Greater Germany, he wanted to encapsulate all the territories where Germans lived into a Great Nation. Italy on the other hand, frustrated by the minimal territorial gains at the end of First World War indulged in expansionism. At Versailles, even though Italy was promised larger part of Austrian territory, it got only renting-Alto Adige/Sudtirol, and this resentment fueled Italy’s expansion plans. “…uncompromising message was that Italy and had not received from its allies the gains to which its gallant war had entitled it” (Henig, 2005, p.10). This reason coupled with domestic crisis lead to the rise of Benito Mussolini, and he with popular support launched the desire to capture as many colonies as possible. “Mounting resentment over what was increasingly referred to by nationalists as the 'mutilated victory', and a series of post-war social and industrial convulsions, destabilized the weak post-war Italian government” (Henig, 2005, p.10). Mussolini desired to create a New Roman Empire, basing it on the Mediterranean area. As a first step, he invaded Albania and then Greece in the early part of 1939. There were also economic reasons behind the desire of Germany, Italy, and Japan to conquer many territories. That is, these three countries were not as rich as Britain and France and also they did not have enough colonial possessions to serve as the source of raw material or markets for their finished goods. Germany was particularly affected by the Great Depression of 1929 which started first in the U.S.A and then spread to other countries, and which indirectly caused the war. That is, U.S.A had been lending capital to European countries, but to protect her own industries, America raised a Tariff wall. ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
(“Economic and Political Fallout of World War I Term Paper”, n.d.)
Retrieved de
(Economic and Political Fallout of World War I Term Paper)
“Economic and Political Fallout of World War I Term Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Economic and Political Fallout of World War I

The Economic Impact of the Emergence of China and India

The main macroeconomic variable that toys in the global economy’s shift are the emergence of India and China as new superpowers. This emergence certainly has a number of implications, but among the most relevant are: disruption of the equilibrium of the global economy which results in rising demand of goods, giving way to worldwide inflation; the attractiveness of outsourcing to these countries due to low cost but high talent workforce of these countries for cheaper operations.
The growing middle class of China and India results in booming demand for the automobile industry. This increase in demand, with the increasing purchasing power of these countries’ people, is not limited to automobiles but more apparent in...
10 Pages (2500 words) Assignment

Managing Emerging Technologies: The World Bank Group

information Technology helps the businesses in cutting costs and creating value to the organization as a whole, by minimizing the digital divide. This helps in developing new and effective business processes as well as in making value propositions especially in the new and modern corporate world whose business network is spread far and wide, such as the World Bank for instance. Information technology plays a vital role in integrating systems and strengthening the strategic ties between service providers and customers, thereby rendering effective services.
The World Bank is involved in various activities providing a wide range of services to several developing and in transition countries across the globe. The bank, owned, fina...
11 Pages (2750 words) Case Study

The Origins of the Second World War

The accord at present is that it was Hitler's resolve to change the basis of European society that took the war to Europe in 1939. It was not essentially the war he was planning for; the facts propose that Hitler was intending to set up Germany for a huge conflict with Russia in the early 1940s. However, indisputably it was a war forced by his persistent pursuit of strategies that stood on race and on space (Henig, 1997).

The Second World War was originated due to the Fascist attack and the failure of democratic powers to prevent this assault. There seem to be a number of reasons for the Second World War to occur. German rearmament started after Hitler left 1932-34 Geneva Disarmament Conference, declaring that as the po...
7 Pages (1750 words) Article

Economic Analysis of India

The country’s economy is fast growing with a stable political system that encourages foreign investment although with certain restrictions. The country generally has good energy, transport and communication systems which make the cost of doing business affordably.

The Republic of India found South of Asia is by far the world’s most populous democracy and ranks seventh largest in terms of geographical area (Brown, 1994). India is also the second most highly populated country in the world. The country has a rich culture with four major religions having originally emerged from it; Sikhism, Buddhism, Hinduism, and Jainism. The Indian Republic consists of seven union territories and 28 states and ranks twelfth la...
8 Pages (2000 words) Case Study

Intelligence and the War on Drugs

When the Ronald Reagan Administration initiated its famous War on Drugs program in the 1980s with the catchy slogan “Just Say No”, the focus of the program was not exclusively Mexico. At that time, different pockets of Latin America posed threats of varying degrees, including Columbia and Brazil. But due to its proximity to the United States, and the increase in demand for cocaine and marijuana, Mexico has emerged as the greatest threat in recent decades. Compounding the problem of drug trafficking is the internal political chaos in Mexico. The Mexican governments of past and present have tried various methods and tactics for bringing the drug cartels under control but to no avail. It is a reflection of the governments...
7 Pages (1750 words) Assignment

The Geography of War and Peace

...2) Evaluate Samuel Huntington’s idea of the ‘clash of civilizations,’ and Edward Said’s concept of ‘Orientalism.’ Samuel Huntington in his article onclash of civilizations purports that ‘world politics is entering a new phase’; for him, the source of conflict in the new world is neither primarily ideological nor primarily economic. He believes that new pattern of conflicts of global politics in the new era will be based on the difference in various civilizations among the world nations and that “the clash of civilizations will dominate global politics” (Huntington 159). Huntington argues how the conflict among princes and nations gave way to the conflict of ideologies during and after the world wars. For him, the various civilizations...
10 Pages (2500 words) Assignment

International Business: World Economic Forum and Davos 2010

While each force of globalization is important, the technological revolution has impacted the business models, value creation and differentiation (Spelman, 2010). The cloud computing technologies that have made the popular social networking applications possible are now being applied to development, healthcare, and society. Today mobile telephones are more like powerful computers that take care of many of the societal challenges facing both developed and developing countries (Evans, 2010). In Chile, new software enables weather information to farmers who can now make informed decisions on when and how to sow or harvest the crops. However, the fear or ignorance of cloud computing technology could harm the chances of the SMEs becomi...
7 Pages (1750 words) Coursework

Globalization and World Economic Forum at Davos 2010

...Globalization and World Economic Forum at Davos Forces Driving Globalization Globalization has resulted in enhanced interdependencies among thenations of unprecedented scale. This augmented interdependence has caused the dismantling of trade barriers and liberalization of markets. The forces of globalization have impacted the nations, the firms and the individuals alike with the prerequisite of liberalization of trade (Awuah, 2009). The seven forces of globalization are; Markets, Production, Culture, Labor, Technology, Environment and Liberalization. Of these factors, the globalization of markets has engaged substantial attention of the firms and the academia. Some markets are highly globalized, while some are not. The scale of market...
7 Pages (1750 words) Coursework

Comparing the Brave New World and Todays World

... survival of the fittest. Even the great Karl Marx was himself confused and there are many loopholes and errors in his theories. In particular, he did not understand fully what capitalism is about because it was something entirely new for everybody at that time. It was the first time such a political and economic system came into practice after feudalism. The Metamorphosis is a story about family, fatherhood, wise men, tired men, the work of drudgery, exploitation and insects. Gregors father is the real insect in the story, living off on his sons efforts by borrowing money from the Chief Clerk and therefore a social parasite and perhaps no better than the same capitalists who grew fat from the work done by masses of laborers toiling under...
8 Pages (2000 words) Term Paper

American Political Communications

...Political communication: Today, voters no longer make decisions based only on personal opinion but view most issues through the eyes and ears of the media. Most options arise from interpretation of the symbols obtained from mass media. Political advertising is a prominent media for reaching voters. Political advertisements aim at increasing issue knowledge, influencing perceptions of the candidate’s character, altering attitudes and affecting candidate preference. In most political advertisements, politicians essentially promote themselves, their thoughts, beliefs, values, image and political propaganda. These advertisements can have a rather persuasive influence on voters. Political ads can convey both positive and negative feelings...
6 Pages (1500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Economic and Political Fallout of World War I for FREE!

Contact Us