CHC 2D The Creation of the League of NationsEconomic and Human Cost of WW1Altogether, nearly ten million soldiers died during World War 1. Twenty- one million werewounded. Germany, France and Russia, each suffered over a million deaths. Some people believe that just as many civilians died as soldiers.Along with killing civilians, the war destroyed much of the land in farms and villages. It also wrecked the infrastructure, such as bridges and railroad tracks. The damage was greatest in France and Belgium. World War 1 caused the nations $337 billion dollars. The money was raised to pay for damages by raising taxes, and the government also borrowed from citizens by selling war bonds. Most of the governments printed extra money but this caused inflation and the money that was borrowed, caused huge debts.During World War 1, Europe lost a lot of property and money. Europe had been very generous with its money and because of this, by 1918, it was in debt. The Germans were forced to sign the Treaty of Versailles in 1919. This meant that they took the responsibility for causing the war and they would pay for it. In forcing the Germans to sign this treaty, the Allies were trying to reduce their debt. This didn’t help or may have possibly worsened the problems. Therefore, Germany was hit the hardest with war reparations.The war also caused businesses to close. A lot of the ones that didn’t close down started to make materials for the war. In Europe, many markets for exports were lost while they were producing war materials. In many European countries, the soldiers that did come home could not find jobs.World War 1 affected several governments. Some new countries were created and some gave up land to others. An example would be when Russia and Germany gave property to Poland. Austria- Hungary ended up forming Austria, Hungary and Czechoslovakia as well as parts of Yugoslavia, Romania, Poland and Italy. In the Ottoman Empire, after World War 1, most Arab lands were controlled by France and Britain. After World War 1 many people chose not to resume their old way of life. A lot of peoplechose to settle in cities instead of going back to their farms. This is why more of the urban areas grew. When men went to war, many women had to acquire jobs. When the war was over they did not want to quit them as it provided independence.