Question

Explain the impact of the First World War on European Society and Polity?

Answer 1

Hint: -It had started in the year 1914 and ended in the year 1918.
The First World War was fought between two main alliances that are Allied Powers and the Central Powers.
-The war was won by the Allied Powers mainly- France, Britain, Russia, Italy, Japan and lost by Central Powers – Germany, Austria, Turkey.

Complete answer: The war had a destructive impact on the entire Europe.
-From the continent of creditors, Europe was converted into the continent of debtors. The first World war left the worst impression on European society and polity.
-Germany mainly fought the war on loans and after the defeat had to pay for the war in gold. -In the year 1923, Germany refused to pay and the French captured its leading industrial region ‘Ruhr’ to claim its coal in place of gold.
-Germany was in such a bad situation that the prices of Bread rose phenomenally high, This situation came to be known as Hyperinflation.
-Fortunately, the Americans launched the Dawes plan which eased the financial burden on Germans. However, this support was withdrawn when the world’s biggest stock exchange, ’Wall Street Exchange’ crashed in 1929.
-The effects of the decline in the US economy were felt worldwide and had shaken the world economy.

Note: The central powers were also called the Quadruple Alliance.
The people of England believed that a bomb explosion on the battlefield of France was heard in England. The youngest British soldier who fought World war I was only 12 years old.