How Did The USA Profit From World War I?
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World War I also known as the Great War and "The War to End All Wars", occurred mainly in Europe between 1914 and 1918 and eventually ended the Treaty of Versailles which was signed in the year 1919.
The war had adverse effects and left millions of people and completely re-shaped the look of the contemporary world. World War I was fought among the Allied powers which comprised of France, The Russian Empire, The British Empire and later on Italy and the USA against the Central Powers which comprised of Austria-Hungary, the German Empire, Bulgaria and the Ottoman Empire.
Nearly all the nations suffered economically as well as physically due to the War, apart from USA because not even a single segment of the war was fought on the US soil, in turn benefiting it in a large way.
answered 2 years ago
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With Germany blockaded by Britain, the only customer for arms and ammunition were the British and French. The Allies were going "broke" from using their gold reserves and currency to buy weapons and soon had a large "bill" with US manufacturers. If the Allies surrendered or quit then there was real concern that the Allies would repudiate that debt. The unrestricted German submarine warfare did not help their image in the US since "neutral free trade" was a US concern (we could "trade" with the Allies but had our ships boarded and confiscated if the cargo was headed to Germany, some firms consigned to neutral Switzerland and then the Germany but it was too expensive and the Allies were an easy sell).
Since the continenal US was untouched and the European Allies and Central Powers were devastated economically, it was the basis for the US to rise as a manufacturing and financial power (also millions would immigrate to the US from Europe for jobs). Japan, an Ally, got the Pacific islands from Germany and took over its China posssessions to get its set up for the upcoming sequel, WWII.
Basically, it "finished" England and France as financial and industrial world powers but their governments did not "know" that yet. The war debts was also a foundation for the upcoming 1929 Depression as all industrialized countries put up tariffs and trade barriers to "protect" their economies, avoid deficits, and help their finances.
comment made by Darthdes 5 months ago
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