Capitalism and Workers, Part V.
The onset, The development and outcome of the First World War has had many interpretations. However, every interpretation converges that the assassination of the Archduke Franz Ferdinand from Austria was the main trigger. Economically, previous to the Great War, industrialized countries (mainly from Europe) had constant economic growth based on the economic alliances among countries.
After the First World War started, some capitalists from the United States lent money to the countries involved in the conflict. Capitalists lent money to Germany and the United Kingdom at the same time. They weren´t interested in supporting any particular country in special, they were only interested in increasing their utilities. Although, universal history and their historians have supported that the war was won by the correct alliance, capitalists from the United States had many influences on the outcome.
The outcome of the First World War had a great repercussion on the economic interrelation. Some countries disappeared, others lost their colonies or were fragmented. In economic topics, the war generated a great economic regression, some countries returned to their economic condition previously reached in 1900. Ideologically, the Great War (influenced by the Industrial Revolution) had a big effect, Russia was conquered by socialist ideologists.
After of the war, some European countries began their reconstruction based on some economic compensations. Other countries (new countries born from European colonies or from fragmented countries) began an economy growth based on commodities exportation to supply European countries devastated by the war.
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