The political changes effected by WW1 were reflected in the fall of many of Europe’s monarchies. While the Austria-Hungary and the Ottoman Empire completely collapse, the Great War was also responsible for the dismantling of monarchies in Germany and Russia, which became republics. WW1 was also the reason for
a rise in nationalistic tendencies leading to the demand for independence in many English colonies of outside Europe. WW! Caused an economic strain through Europe and the rest of the World, in many countries inflation skyrocketed. Damages that were caused by WW1 drastically affected the German economy. In the Postwar years, the European nations owed their allies over $10 billion. Things changed for women, with the men having joined the war, the women of most countries took over establishments and businesses. Mass production and mechanization paved the way for labour laws. In many societies the disillusionment caused by WW1 led to revolutions. People started to choose republics over monarchies and the desire for better standards of living were openly voiced. World War I also bared the need for an association of nations – a body to promote international security and peace. The necessity of an organization in order to prevent a global conflict such that of the nature of World War I was first pointed out by President Wilson in his Congressional Speech in 1918. The emergence of the League of Nations was a natural result to the catastrophic consequences of the Great War. Blaming Germany as the ones who started WW1 the European Allied powers decided to impose treaty obligations upon Germany. The Treaty of Versailles forced Germany to concede territories such as Belgium. According to the Treaty Germany was responsible for all damages caused by WW1 and they were entitled to repair all of these damages.