How did World war 1 affect Europe?
How did World war 1 affect Europe? The war changed the economical balance of the world, leaving European countries deep in debt and making the U.S. the leading industrial power and creditor in the world. Inflation shot up in most countries and the German economy was highly affected by having to pay for reparations. What started WW1 in Europe? Germany declared war on Russia on August 1, and two days later declared war against France. German forces gathered on the border of neutral Belgium, which they planned to cross in order to invade France. Belgium called for help, and on...