... years war thesis. The First World War left many unsolved problems in Europe, as well as great psychological, material and political effects. The war severely reduced the population of many European countries causing many people to question why the war occurred in the first place. The war also shook the economies of the fighting countries. Many sectors began to fail, which led to huge financial problems. "It was the removal of the landmark of a stable currency which had the most lasting effects, psychological as much as material."1 After the war the currency of many countries began to diminish. The countries began to feel the effects of inflation and many had to sell what they could to get by. "Britain and France were forced to sell substantial quantities of their foreign investments to pay for the war..." (Bell 17). The increased inflation led countries such as Britain and France to ...

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