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SVETLANKA909090 [29]
3 years ago
15

How did the aftermath of World War 1 affect International economy

History
1 answer:
denpristay [2]3 years ago
3 0
After the fall of Empires, ridding of old countries, and the form of new ones; caused a huge change in society, economy, and social change across Europe.
Primarily the Economy through the European countries had been dramatically altered because of the new territories, and demographics of the new nations.
Germany itself faced mass economic stress due to the Treaty of Versailles.
 hope this helps   <span />
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The Soviet Union was a communist country.  Communists believed that their ideology was superior to that of the democratic, capitalistic countries of the West.  They believed that communism would eventually take over the world and they wanted to speed that process as much as they could.

The United States was strongly opposed to communism.  It felt that communism was economically inefficient and that it trampled on people’s fundamental human rights.  For these reasons, it wanted to prevent the spread of communism.

After the end of WWII, the Cold War started.  The US and the USSR tried to influence other countries to take their side.  Sometimes, wars ended up being fought, as they were in Korea and Vietnam, to try to prevent the spread of communism.  At other times, the competition between the two ideologies took the form of athletic competition or competition to land a man on the moon.  The purpose of such competition was to show which side had a superior system.

The Cold War ended in 1991 when the Soviet Union collapsed.

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