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First World War: 1914–1918 (1981) the standard world economic history of the war; Horn, Martin. Britain, France, and the Financing of the First World War (2002) Kennedy, Paul. The Rise and Fall of the Great Powers: Economic Change and Military Conflict from 1500 to 2000 (1987) pp 256–74; Mendershausen, Horst. The Economics of War (1940) online
In the case of World War II, the U.S. government took similar measures in increasing its control over the economy. The Fall of France and the Dunkirk evacuation across the English Channel before the Battle of Britain provided the sparks that were needed to begin the country's conversion to a wartime economy and the July 1940 passing of the Two ...
In the history of the 20th century, the interwar period (interbellum) lasted from 11 November 1918 to 1 September 1939 (20 years, 9 months, 21 days) – from the end of World War I (WWI) to the beginning of World War II (WWII). It was relatively short, yet featured many social, political, military, and economic changes throughout the world.
Estimated to have lost ¼ of its wealth during World War 1, Britain turned to welfare to spark an economic recovery. Reliant on receiving payments of war debts from Germany to stimulate economic growth after the onset of the great depression, the British economy suffered when the United States nullified these reparation payments.
Main: Post-World War II economic growth and increased industrial production in Italy The Fiat 500 , launched in 1957, is considered a symbol of Italy's postwar economic miracle. [ 45 ] Programma 101 , developed in 1965 by Olivetti , is considered one of the first programmable calculators ever and was an economic success internationally.
Before the outbreak of World War II, Italy boasted the fifth-largest economy in Europe and the seventh in the world. [144] Italy sided with Nazi Germany during World War II, but Britain soon captured Italian overseas colonies. By the time Italy itself was invaded in 1943, its empire had ceased to exist.
It could be seen a major accomplishment in garnering veteran support to take the county harboring the world's largest military base, but the Democratic nominee only beat Trump 56.7 percent to 40.7 ...
Before World War II, the events of 1914–1918 were generally known as the Great War or simply the World War. [1] In August 1914, the magazine The Independent wrote "This is the Great War. It names itself". [2] In October 1914, the Canadian magazine Maclean's similarly wrote, "Some wars name themselves. This is the Great War."