Advantages And Disadvantage Of The Allies During World War I

Economy has the power to declare who wins a war and loses. Wars are expensive, destructive of human capital and capital and it also disrupts trade. Large wars such as World War l constituted severe economic shocks to the powers who participated in the War. All the powers suspected a short war. Neither side made any economic preparations for a long war however, the longer the war went on, the more the Allies were at an advantage. The allies had much more potential wealth that they could expend on the war. The central powers had long been at a disadvantage due to their economy, and in the end, their economy declared their fate.

The German Empire was one of the Central Powers that lost the war. Within a few months of the war, it became apparent