What Was the Impact of the First World War on the socio-economic conditions of the world? Write four points.

The impact of the First World War on the socio-economic conditions of the world was as mentioned below:
(i) Men went to battle: Most of the men killed and maimed were men of working age. This reduced the able-bodied workforce in Europe. Thus women took up the jobs that were done by men earlier.
(ii) Economic links between some of the largest economic powers snapped as they were now fighting with each other.
(iii) Britain borrowed large sums and us public.
(iv) USA turned into an international creditor from being an international debtor.

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