There was a great loss of life and property. 6 crore soldiers took part in the war. About 1 crore 30 lac were killed, 2 crore 20 lac were injured, and a lot of property was destroyed.
Approx 86 billion dollars were spent in the war.
1. Autocratic regimes were established in Germany, Austria and Russia.
2. Many changes took place after war through peaceful treaties. New nations were emerged as Czechoslovakia, Yugoslavia, Lithuania, Latvia, Estonia, Finland, Poland, etc.
3. Government based on different philosophies were established. Communist government in Russia, Nazism in Germany, Facism in Italy, etc.
4. US gave economic support in war by providing large loans to Allied nations. In Paris Peace Summit, President of America Wilson played an important role. This war increased the impact of America.
5. Women’s condition was improved as they played a major role in civil and medical field.
6. The seed of the Second World War sown in the First World War as Treaty of Versailles made Italy and Germany unsatisfied. They pushed the world into the Second World War.
7. League of Nations was established by the efforts of US President Wilson to solve the problems of war countries. Though this institution did not get success in solving the problems.
