Financial Conditions

The Hidden Costs of World War 1 : Uncovering the Financial Truth

The Hidden Costs of World War 1 : Uncovering the Financial Truth

World War I was a global conflict that lasted from 1914 to 1918. A conflict of such magnitudes, there were naturally some hidden costs of World War 1. It was primarily fought between the Allies, consisting of France, Russia, and the United Kingdom, and the Central Powers, consisting of Germany, Austria-Hungary, and the Ottoman Empire. The war was caused by a number of factors, including imperialism, nationalism, and alliances between countries. On June 28, 1914, the assassination of Archduke Franz Ferdinand of Austria-Hungary by a member of a Serbian nationalist group was the spark that ignited the conflict. This event…
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