1. What was the Great War, how did it begin, and how long did it last? Which countries were involved? World War I, also known as the Great War, was fought between 1914 and 1918, and it set the stage for politics, culture, and economics in the twentieth century. Serbia and other Balkan states gained their independence in 1878 after nearly five hundred years of Ottoman rule. Nations from both alliances wanted to increase their influence over the Balkans. On June 28, 1914, the Austro-Hungarian archduke Franz Ferdinand (1863–1914) and his wife were assassinated by a Bosnian Serb student while visiting the capital city of Sarajevo in the province of Bosnia and Herzegovina. Throughout the war, the Triple Entente (which eventually included Greece and Romania) was called the Allies , and the Triple Alliance (which eventually included the Ottoman Empire and Bulgaria) was called the Central Powers. Before the war was over, thirty-two countries would join the Allies.
("World War I." U*X*L Encyclopedia of U.S. History. Sonia Benson, Daniel E. Brannen, Jr., and Rebecca Valentine. Ed. Lawrence W. Baker and Sarah Hermsen. Vol. 8. Detroit: UXL, 2009. 1714-1720. Student Resources in Context. Web. 31 Oct. 2012.)
2. What was the general effect of The Great War on international economies? What was the state of Germany’s economy after the Great War? Who was responsible for paying war debts from this war? Although participation in World War I required vast government spending, the country's domestic economy benefited greatly from the effort. Established in July 1917, a War Industries Board endeavored to tap the nation's industrial resources while protecting its basic economic infrastructure. A demand for supplies, weaponry, food, and other materials resulted in increased productivity among manufacturers and farmers. defeat of the Central Powers and the signing of an armistice in 1918, the Triple Entente and its allies pressed