Why was ww1 so costly?

Many industries that once thrived during peacetime had been retooled for war production. When the war was over, governments didn’t help factories retool or recalibrate for what they used to produce, thereby pushing many industries and factories into financial ruin.

What were the causes of WW1?

The immediate cause of World War I that made the aforementioned items come into play (alliances, imperialism, militarism, nationalism) was the assassination of Archduke Franz Ferdinand of Austria-Hungary.

What is ww1 known for?

World War I Articles World War I summary: The war fought between July 28, 1914, and November 11, 1918, was known at the time as the Great War, the War to End War, and (in the United States) the European War. World War I is known for the extensive system of trenches from which men of both sides fought.

What is the nickname for WW1?

The Great War

What was the overall cost of ww1?

$208 billion

Who spent the most money in ww1?

One estimate (using 1913 US dollars) is that the Allies spent $147 billion on the war and the Central Powers only $61 billion. Among the Allies, Britain and its Empire spent $47 billion and the U.S. $27 billion (America joined after the war started) while among the Central Powers, Germany spent $45 billion.

How did society change after WW1?

Millions of men had to find their way back from war into civilian life in often difficult circumstances; societies were hollowed out, with the violent deaths of millions and millions not born; millions were scarred with disability and ill-health; many societies remained in a storm of violence that did not cease with …

How did WW1 affect culture?

WWI had a profound influence on its contemporary culture, as the conflict and its soldiers were represented in the popular culture of the day. During World War I, many Americans relied on popular culture to make sense of global affairs. Music. World War I was a transition point for two popular forms of music.