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EC: Discuss the economic effects of the Spanish Civil War (1936 - 1939).a.Assertion: In terms of short term economic effects, Spain was completely devastated. Spanish agriculture and industries, as well as their economic infrastructure was completely destroyed, and there were a lack of financial stability to bolster the economy. However, foreign nations did benefit as a result of the Spanish Civil War by receiving resources and assets.b.Argument 1: Short term economic devastation (Agriculture and Industry)i.Evidence: 10-15% of wealth destroyedii.Evidence: A third of their merchant shipping was out of actioniii.Evidence: per capita income was 28% lower in 1939 than in 19351.Shows the economic decline due to the SCWiv.Evidence: Lots of industrial machinery needed to be replaced, communication and transportation networks had to be rebuiltv.Evidence: Industrial o’utput level below that of 1918vi.Historiography: Historian Shlomo Ben-Ami supports the idea that these negative changes due to the war prove that the Spanish Civil War was indeed hugely destructive with businesses and the agricultural and industry for merchants were severely damaged in war zones. The nation ofSpain emerged from the war evidently having drastic loss of income, of economic expertise, and the diversion of resources to war production began taking their toll. Spain’s economy became burdened by economic despair and devastation.c.Argument 2: Financial instabilityi.Nationalists amassed huge debts abroad, ending the war owing $700 million for war goods.ii.High Inflationiii.Most post-war repayments were made in food shipments and industrial raw materials, which represented a considerable drain on the spanish economy for decades, causing reparations to the Germans and Italians to continue into the 60s.iv.In addition, with industrial and agricultural production reduced from pre-war levels and with the labor force losing over half a million men and womenv.In debt by a lot, countries such as Britain and Germany demanded it be paid back before more loans, until Franco made a deal with britain to stay neutral in war in 1940vi.Historiography :Paul Preston-Marxist- argues that the changes made by Franco “exacerbated differences between classes” which heightened the economic stressd.Counter 1: Foreign improvementi.Evidence: The Republicans sent their gold reserve, which was worth more than $500 million to USSR. In 1956, the Soviet Union announced that the republicans still owed them $50 million
ii.Evidence: The Germans wanted to intervene in the SCW not only to createan alliance with Spain, but establish a second source of resources for the war that they were planning, and the SCW gave them direct access to many resourcesiii.Intentionalists: The foreign countries purposely helped out Spain in order to benefit it in the long runDiscuss the economic effects of the Spanish Civil War (1936-1939)I.IntroductionA.Thesis: In terms of short term economic effects, Spain was completely devastated. Spanish agriculture and economic infrastructure was completely destroyed, and there were a lack of financial stability to bolster the economy.

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