Economic, political and social consequences of the First World War.

Significant changes took place in the political sphere after the First World War. First, some of the great earlier empires collapsed, many independent states emerged. Revolutions have taken place in many of them. Relationships have changed in countries. The participants of the Entente and the United States came to the fore. The economy was in decline due to the militarization of production and the decline in scientific and technological progress. In the countries that lost the war, warlike sentiments began to emerge, fascism arose. In general, the standard of living has declined.