British Empire was losing their economic and military power bit by bit even before the First World War. However, it can be claimed that Britain’s long economic and military decline has triggered by the war because the decline became obvious after the war. The empire has used money more than other countries in the war. Britain lost more than what it got from the war. Because of the low economic situation of Britain, the scale of the Royal Navy became smaller than before the war. The war accelerated what was starting. Britain’s financial was damaged by its debts, and it was one of the reasons that British power was replaced by that of the United States. The Great Depression affected Britain very severely as well. Therefore, even though before …show more content…
Other countries such as the United States and Germany were catching up with the economic growth of British Empire by the early 20th century. Britain retained its dominance of world finance, and the Royal Navy still had big influence. However, it can be said that Britain’s long economic and military decline has triggered by the war because the decline became obvious after the war. Of course, it is difficult to point out 1 event which is responsible for the decline, but the First World War was one of the big reasons. Spending on the First World War once became two-fifths of the national income of British Empire. The empire spent money more than any other countries in the war. London was faced the financial problem. British finance only could stand for another 3 more weeks by April 1917. Then Britain got the financial support from the United States. The war brought Britain debts and unemployment when everything became normal. Around 20 percent of people in the United Kingdom were unemployed in 1923. Britain lost much more than what it got from the war. Because of the poor economic situation of Britain, the scale of the Royal Navy became smaller than before the war. The war accelerated what was starting. Britain’s financial was damaged by its debts, and it caused British power was replaced by that of the United States. It did not happen suddenly. It was the result of a long process of the ruling, the failure of the armies, and the economic strategy. The Great Depression affected Britain very severely as well. Therefore, Britain’s long economic and military decline has triggered by the
Throughout the 1700s, the relationship between Britain and their colonies became more tension filled. The new generations of colonists felt more entitled to certain rights and liberties that had been considered privileges to their ancestors. Over the years Britain had been becoming progressively worse at keeping their colonies happy. Eventually, colonists did not even feel incorporated in their mother country, Britain. The deterioration of British colonial relations in the late 1700s was caused by a lack of representation and care from Britain.
Although The war did not accomplish any of the things that it started out to accomplish, it became a turning point in American history. Most of the issues that America started out fighting for disappeared shortly after the war, just about the same time that the indirect effects of the war were beginning to become noticeable. These direct effects mainly centered around impressment and blockades, while the indirect effects dealt mainly with the rise of Andrew Jackson, William Henry Harrison, and the decline of the Federalists. Following the war, the United States was at peace with Britain. Peace gave the British no need to result in acts such as impressm...
World War I was a time of great hardship and strife for all nations involved. European countries were pitted against each other in a struggle to support their allies, and Britain was thrown into the fray barely a week after the war began. Throughout the four years of war, Britain proved to be an integral part of the Central Powers’ defeat—this, however, would not have been as easy without the assistance of Winston Churchill. A writer, politician, naval officer, and amateur scientist, Winston Churchill greatly influenced the outcome of the war through his time as the head of the British navy, assistance in creating the tank, and involvement with the British government.
World War I may not have made the world safe for democracy, but it did help to lay the groundwork for a decade of American economic expansion. The war began in Europe in 1914, and the United States entered the fray in 1917. The 1920s saw the growth of the culture of consumerism. A significant reason for United States involvement in the war was the nation’s economic links to the Allied Powers, and especially to Great Britain. American soldiers returned home in May 1919 with the promise of a prosperous decade (Baughman 197).
Although wages rose during the war, prices also rose by sixty percent. Because European farm production was disrupted, the United States' agricultural prices rose more than fifty percent between 1913 and 1918, and farmers' income increased significantly. Many farmers saw this as a great opportunity to bring in wealth and borrow money to expand production, but when the high prices of agricultural merchandise decreased, planters faced a credit squeeze. While most men were off at war, many women and blacks took over their jobs, contributing intensely to the Great War, also known as World War I.
in the post war period. It laid out the groundwork for economic expansion in three ways: First agricultural boost after the war increased the demand for cotton and Tabaco. Second, improvements of transportation increased the demand for better roads and canals to expedite goods smoothly across the nation. Lastly was the factory system growth which was caused by the Embargo Acts and the War of 1812. The war was a benefit to the domestic factor, providing a plentiful labor support.
After 1871, the war atmosphere engendered by the secret alliances led to an armaments race among the powers. The race was particularly serious between 1900 and 1914, as the international situation became much worse than before. There was a significant rise in the army and naval estimates of the European powers in these years. All the Continental European powers had adopted the conscription system since 1870. Austria-Hungary had conscription since 1868 and Germany since 1870. Only Britain did not have conscription. After 1890, the deteriorating diplomatic relations among the powers accelerated their military expansion programme. Britain did not introduce conscription but had prepared her armed forces for both European expedition and for home defense. In general, all the powers increased their stocks of arms, produced more modern weapons of war and built more strategic railways. Britain and Germany were the chief rivals at sea. In the meantime, Britain produced her first Dreadnought. Dreadnoughts were large, fast and heavily armed battleships. They set a new standard in naval armaments and rendered all previous battleships obsolete. The naval race became intense. For centuries the powers of Europe had clashed over their competing interests around the globe. Du...
involvement in World War I had an immense impact on the U.S. economy. It is considered one of the main causes of the Great Depression. The Allies, and Germany incurred great debts when they traded with the U.S. before the U.S. declared war. The U.S. spent roughly $38 billion on the war. Even the American public helped by buying Liberty Bonds and this caused a downfall in the economy after the war because the debt could not be easily paid. The high international debt also caused economic turmoil in Europe, which affected international trade in the U.S.. The need for American goods decreased, and even the trade of European goods became difficult. The impact this had on the American economy was the first step towards the Great Depression. The involvement of the U.S. in the war was something that was certain to happen. The war was affecting our economy even before the U.S. was involved and, the American soldiers had to help to end the war before the damage became
Undoubtedly the British drove the economy with trade, they created commerce by using the navy as a well-protected and highly effective transoceanic transportation company.
Encl. "World War I and the Economy." January 2001. Encyclopedia.com. Electoronic. 24 October 2013. .
Great Britain's empire was growing, mostly taking over countries in South America and some in Africa. According to the graph in Document C, Great Britain had more of a navy than an army, expanding little by little each year. Great Britain was then called the bloodsucker of the world, also causing problems for supplies to get from one country to another. This made it seem as if Great Britain had all the power. World War 1 would have never happened if there was a balance of power in Europe.
The British polices and leaders continually undermined the citizens of the colonies. It was the British elitist views that continually caused poor policy and leadership decisions. Instead of using a diplomatic approach Britain continued to try to assert dominance over the colonies. These same issues and arrogant attitudes would eventually cost them the war.
Throughout history, the British have been a nation of sailors and businessmen. With the dawn of the imperial era, money began to equal power, and the wealth of the British elevated them to the top of the world. As Sir Walter Raleigh said,
With the United States joining the war it made them look like a strong country. This was because it showed the other countries that the United States must have a good army/navy, and that they must have money...
As a result of the United States joining the war in 1916, industry productions boomed. (Effects of WWI in America) Factories and manufacturers had to keep up with the growing demands of the war effort by solely producing weapons, tanks, airplanes, and any other necessary products. In order to produce more material in a short amount of time, new technologies were developed to help manufacturers meet the needs of the people and government. Also, more employment opportunities opened for women and African-Americans. With fewer healthy, working men in America, women became the main work force, largely employed in factories across the nation. (Effects of WWI in America) African-Americans also became popular in factories as they migrated to cities in search of job opportunities. As industries boomed during this time, so did the economy. According to David Jarmul, "Because World War One left Europe so devastated, industry boomed in the United States to fill the worldwide demand." By the end of World War One, the United States produced more goods and services than any other nation. (Jarmul) Americans had more coal, food, cloth, and steel than even the richest foreign countries. In 1920, the United States ' national income became greater than the combined incomes of France, Britain, Canada, Japan, Germany, and seventeen smaller countries. The Unite...