Woodrow Wilson has created 14 points to show what the US wanted from the war. At the first 14 points, the first five were assigned for the achievement of comprehensive peace. And it will benefit the economic and social benefits of the country fought in the First World War. Wilson wants to win peace for its allies and hopes to "provide the Caesar regime and German citizens with a humanitarian and reasonable choice for peace" (Broll). This is to make Central Powers agree with the Treaty of Versailles.
Another major cause of economic problems is the balance of wealth between Europe and America. In the 1920s, Europe was recovering from the influence of World War I. US borrowings from European countries are increasingly higher By the end of the 1920s these countries were trying to repay their loans. The United States imposes high tariffs on foreign products to prevent imports. Europeans can not sell their merchandise at competitive prices in the US and their economy is more affected. In the cycle of economic recession, Europeans can not afford to buy American-made goods.
On July 28, 1914, Duke Ferdinand was assassinated. This caused confusion in Europe, triggered the First World War. There were over 9 million casualties in this war. When America was involved in the war in 1917, it had a big impact on the United States. In the year the United States did not fight in the war, the Germans submerged the ship and made it difficult for us to import goods into our main ally, the UK. On November 11, 1918, the war ended at last. Europe collapsed by the First World War, which allowed Europe to reform between the United States and European countries and to establish a new alliance. After the war, the International League was established, and soon it became the United Nations today.
For the first time, the country was a single economic entity that removed the old barriers to domestic trade. World War I greatly influenced the World War II. The Treaty of Versailles gives Total War during World War II and its social and economic impact to British and German citizens. In World War I, Germany, like other governments, made a lot of debt for war. It had a serious impact on the British economy, in particular the European economy. The coal industry is in a post-war tragic situation and now we have to pay a very astronomical figure (about $ 35 billion) economically. After Germany was defeated in the First World War, France had a superior economic and industrial infrastructure as a newly developed superpower before the war, and produced a lot of money. Flow charts, especially Germany and Eastern Europe