World War I - Did Canada Benefit from the War?
Britain and France used the money that Germany gave them to pay back the United States. Then in 1929, the New York Stock Exchange crashed. This caused a big problem because then the U.S. demanded the other countries to pay off their debts. This impacted all the countries causing them all to go into debt. The immense depression that concluded forced all imports and exports to slow down. By 1931, the universal depression harmed Canada's economy severely. This was because Canada was an exporting country and the other countries were not buying from it, which caused its economy to suffer.
<Tab/>The losses that Canada under went because of World War I, should be a warning of the demoralizing effects that a war can have on a nation. Many valuable lives were lost in brutal battles like in Ypres and Passchendaele. The already shaky bonds between the French and English augmented. Canada also suffered an immoral factor in its history with the internment and cruelty of Ukrainians. Even the after-effects were tremendously harmful to Canada and many other countries that were involved with the war. Altogether, the benefits of a war can never prevail over the losses.
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