Africa's resources were depleted and given to the American Colonies, which hurts their economy up to this day. Also, South America's natural resources were depleted (ie: Aztec gold) which hurt their economy as well. There's probably many more effects but heres one
Explanation:
After the build up of tension from Nationalism, Imperialism and Militarism, the Powers were worried about being attacked by each other. To counter this alliances were formed. ... The Alliance System was definitely a prominent cause of WWI. If Germany hadn't allied with Austria the war might've been averted.