What were concenquences of ww1

World War I cost the participating countries a lot of money. Germany and Great Britain spent about 60% of the money their economy produced. Countries had to raise taxes and borrow money from their citizens. They also printed money in order to buy weapons and other things they needed for war. This led to inflation after the war.

Besides many deaths of soldiers and people, it brought ruin and destruction to Europe, European economies collapsed, and Europe lost an entire generation of young men.