World War II - Essay Example

Download file to see previous pages The war mainly caused many economic consequences that resulted in some affected countries lagging behind in development to the extent of not regaining their economic power even many years after the war.
The main origin of this war was the creation of the German-Japanese-Italian alliance in the early 1930s. The formation of this alliance was with sole intention of expanding their boundaries by conquering their weaker neighbors. The older colonial powers such as Britain, Holland, and France were not impressed by this move from their rivals. Italy and German had entered into the colonial scramble like their rivals but because they developed late, they lacked the best territories that were strategically placed. The little territories they managed to acquire did not satisfy their increasing demands to expand their boundaries due to the little economic significance that the territories possessed. Tension arouse as the Triple Alliance, Germany, Italy, Japan and Hungary wanted to expand their territories by any means possible even if it was by conquering the Triple Entente’s, Britain, France and Russia, territories. The Triple Alliance wanted to conquer these territories due economic reasons. Most of these territories were rich in minerals such as gold, diamond, and silver. These territories also had rich and fertile lands that the Triple Alliance realized would be useful to cultivate crops that would provide raw materials for their factories (McDonough, 1997).
After the First World War, there was a critical breakdown in the international payments system. The production levels in many countries fell, thus affecting the international trade. Rich minerals such as gold was only concentrated in the hands of the capitalists nations such as Britain, USA, France and their allies. Despite the fact that they possessed plenty of gold, these specific nations were also in control of major resources and raw materials all over the world. This economic factor led to a ...Download file to see next pagesRead More