How Did World War Affect The International Distribution Of Power

War can have a huge impact on the international distribution of power and the global hierarchy. World War I went down in history as the greatest disaster and changed the balance of power. The development of economic imperialism, the emergence of trade barriers, the arms race, militarism and autocracy, the struggle over the balance of power, important for the maintenance of colonial powers, sharp local conflicts (Balkan wars, the Italian-Turkish War) and crisis (the Bosnian crisis, the collapse of the Ottoman Empire), orders for a general mobilization in Russia and Germany, and the territorial claims of allied commitments of the European powers – are reasons, which different sources refer to the causes of World War I. The main reason was the
First od all, Germany was defeated. Before the war, it was one of the leading countries, and after the war- it was the destroyed country. Secondly, the Austro-Hungarian Empire, "the prison of nations", collapsed, and a number of independent states appeared: Hungary, Czechoslovakia, Yugoslavia, Poland. Thirdly, Britain and France had the leading position in Western Europe after the war. Fourthly, a gradual US involvement in European affairs, claimed the leadership position, playing the role of the global lender. Fifthly, the emergence of Soviet Russia, a fundamentally new political
As after World War I the US debt increased by 10, the US economy after the war was on the rise. The country prospered. The reason was that during World War I foreign gold flowed to the economy by the wide stream. And this trend continued later. At the beginning of XX century, the US economy began to dominate in the global economy. The leading countries in Europe experienced a crisis after the war, unemployment, hunger and inflation that drove them from the world leaders. Significant expansion in the US manufacturing and the growth of external debt during World War I and in the post-war period led to the fact that the United States far surpassed in its power all the capitalist countries. From 1917 to 1927 the US national income had increased by almost 3 times. Conveyor production had been mastered, the stock market was rapidly developing, the number of speculative transactions increased, real estate rose in price. The growth of production of goods required the increasing of the money supply, and the dollar was tied to