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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 feelings toward the Germans because of their schooling during World War I. [17] Additionally ...
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 ]
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
The aftermath of World War I saw far-reaching and wide-ranging cultural, economic, and social change across Europe, Asia, Africa, and even in areas outside those that were directly involved. Four empires collapsed due to the war, old countries were abolished, new ones were formed, boundaries were redrawn, international organizations were ...
The European liquidation of American securities in 1914 (also called the financial crisis of 1914) was the selloff of about $3 billion (equivalent to $91.26 billion in 2023) of foreign portfolio investments at the start of World War I, taking place at the same time as the broader July Crisis of 1914.
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."
Richard J. Evans says "the economic history of the 1920s and early 1930s seemed to confirm" the arguments of Keynes, yet "as we now know" Keynes' reparation arguments were wrong. Evans says the economic problems that arose were a result of the inflation of 1923, which lay with the German government rather than reparations. [153]
During World War I, approximately 200,000 German soldiers and 2.5 million soldiers from the Austro-Hungarian army entered Russian captivity. During the 1914 Russian campaign the Russians began taking thousands of Austrian prisoners.