Essay Title: 

Comparative economic analysis of the two world wars an dtheir effect on europe

April 3, 2016 | Author: | Posted in east european studies, history

Europe and the Two World Wars


Europe , one of the seven continents of the world has also been one of the renowned melting pots of various concepts and ideologies on power and control . As well as those most devastating struggles for such power glory , and wealth- the World Wars

War , a struggle for two or more opposing forces (usually in the form of a state or a nation ) usually vying for power , has its benefits and costs . For those who will emerge victorious , war grants them power glory , and wealth [banner_entry_middle]

usually through added rights , territories , and resources . For those who will face defeat , they end up losing what the other has gained . Nevertheless , both will have to face a high death toll , loss of resources and properties , and as a result- economic destabilization

War definitely has its psychological , social , emotional , and economic effects on the society and this is what the aims to examine

This research aims to present a historical narrative on the situation of Europe , particularly its economic aspect before , during and after World War I and World War II . In this regard , it will also present the various factors that led to the beginning , and the end of such wars


Europe during the pre-war period

The nineteenth European economy was mainly focused on two primary economic activities- that of pastoralism and raising live stock and that of gold and oil mining

In the 1860s what made Europe progress was the major gold rushes in Otago , the West Coast and Thames . Other than gold , coal was also mined in Otago , the West Coast and the Waikato , and kauri gum in Northland

Also just before the advent of the First World War , Europe was generally engaged in pastoralism which was developed and practiced in the 1850s and 1860s , with large sheep runs mainly on the east coasts of both islands . However , the resources were depleted during a long economic depression in the 1870s and 1880s . And , as a result , the settler lifestyle became more marginal and an economic shift was made from just plain raising and low-scale trading livestock goods to large-scale sheep farming , and the export of wool , tallow and perhaps canned meat

World War I and II

The First World War

World War I (WWI , the First World War , also known as the Great War and “The War to End All Wars , and “The Trench War , was a HYPERLINK “http /en .wikipedia .org /wiki /World_war ” \o “World war ” global military conflict that took place primarily in HYPERLINK “http /en .wikipedia .org /wiki /Europe ” \o “Europe ” Europe between 1914 and November 1918 but officially ended with the HYPERLINK “http /en .wikipedia .org /wiki /Treaty_of_Versailles ” \o “Treaty of Versailles ” Treaty of Versailles in June 1919

Based on historical narratives , there were actually quite a number of varied causes for this war such as the fervent and romising nationalism Unresolved previous disputes Intricate system of alliances Convoluted and fragmented governance Delays and misunderstandings in diplomatic communications HYPERLINK… [banner_entry_footer]


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