Results of the First World War
War took a heavy toll of lives. It is estimated that about ten million lives
were lost and twenty million people have been wounded. People all over the
world suffered untold miseries. There was a large scale damage to civil
estimated that the direct cost of the war reached just over two hundred billion
dollars and the indirect cost more than a hundred and fifty billion dollars.
variety of deadly weapons such as incendiary bombs, grenades and poison gases
were used. Tanks, submarines and aircrafts were also used.
wrought its havoc on the economics of the participating countries. It may be
remembered that about 25 nations had joined the allies at the time of the
outbreak of war. The victors felt the devastating effects of the war even
before the cessation. All these nations were burdened with the national debts.
The world economy was in shambles.
was forced to sign the Treaty of
Versailles on 28th June 1919. It was a dictated peace and
Germany had by then become even too weak to protest. She lost everything.
Germany and her allies suffered most since they had to pay heavy sums to the
victorious allies as reparation debts.
Austria Hungary signed the Treaty of St. Germaine. Hungary signed the Treaty of Trianon with the allies in 1920. Bulgaria had accepted
the Treaty of Neuliy in 1919.
Turkey, which sided with Germany during the war, signed the Treaty of Sevres in 1920.