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Those who were children during World War I grew up to become the adults of World War II. These children were exposed to propaganda and indoctrinated to value strong nationalism and loyalty to the United States and its allies. Therefore, when World War II was on the forefront, many of the adults in the United States still harbored negative ...
World War I affected children in the United States through several social and economic changes in the school curriculum and through shifts in parental relationships. For example, a number of fathers and brothers entered the war, and many were subsequently maimed in action or killed, causing many children to be brought up by single mothers. [ 61 ]
Women and the First World War (2002), worldwide coverage; Stevenson, David. With Our Backs to the Wall: Victory and Defeat in 1918 (2011) excerpt and text search, pp 350–438, covers major countries; Hardach, Gerd. The First World War 1914–1918 (1977), economic history of major powers; Thorp, William Long.
According to Shank, "negative unintended consequences occur either concurrently with the war or develop as residual effects afterwards thereby impeding the economy over the longer term". [17] In 2012 the economic impact of war and violence was estimated to be eleven percent of gross world product (GWP) or 9.46 trillion dollars. [ 18 ]
British poster encouraging investment in war bonds. The economic history of World War I covers the methods used by the First World War (1914–1918), as well as related postwar issues such as war debts and reparations. It also covers the economic mobilization of labour, industry, and agriculture leading to economic failure.
To pay for the large costs of the First World War, Germany suspended the gold standard (the convertibility of its currency to gold) when the war broke out in 1914. Unlike France, which imposed its first income tax to pay for the war, German Emperor Wilhelm II and the Reichstag decided unanimously to fund the war entirely by borrowing.
The Generals: The Canadian Army's Senior Commanders in the Second World War (University of Calgary Press, 2005) online; Hayes, Geoffrey, Mike Bechthold and Matt Symes. Canada and the Second World War: Essays in Honour of Terry Copp (2014) Henderson, Jarett, and Jeff Keshen. "Introduction: Canadian Perspectives on the First World War."
The European interwar economy (the period between the First and Second World War, also known as the interbellum) began when the countries in Western Europe were struggling to recover from the devastation caused by the First World War, while also dealing with economic depression and the rise of fascism.