ECON 2420 Chapter 14: History of the Canadian economy chapter 14
29 Nov 2017
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History of the canadian economy chapter 14: world war 1 (1914 -1918) In august 1914, after years of rising tension, the nations of europe went to war. For the next four years, the british empire, allied with the french and. Russians, was to be pitted in conflict with the german and austro hungarian empires. In the short term: the war exacerbated an economic slowdown already under way. In the long run: no part of the canadian economy, private or public, was left unmarked by the war experience. The causes of ww1 were rooted in the same forces that encouraged the. European expansion around the globe centuries earlier: with industrialization england, france, germany and other major. European nations had surpluses of resources to allocate for military purposes and expansive foreign policy: the introduction of railway and telegraph technologies enhanced. Germany"s capacity to deploy its military resources: before 1914 the arms race was already underway.
