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HIST 103
Jeffrey Byrne

Nurul Hanisah Kamarul Zaman (18499129) Week 4 HIST 103 101 War: Economic Competition and Trade as the Contributing Factors Before 1914 where the World War I (WWI) occurred, Germany was a country that had the ability to exist as a subsistent country. However, it gradually became dependent on trade where its import exceeded its export by a large percentage and the only way for Germany to balance its trade deficit was by increasing its export. This arising need, in fact, posed a problem for the Germans as other markets had already been monopolized by other competing countries such as, “the United States in LatinAmerica, Great Britain in East and SouthAfrica and South Asia, and France in WestAfrica, the Balkans, and Russia” (Keylor). The German lost badly during WWI and this is strongly factored by the strength of the alliance between Britain, Russia and France. Due to that, it had no say during the Versailles Treaty that was signed by the Council of Four. In his frustration, Keynes criticized the fact that the treaty signed by the Council of Four did not focus on restoring the European economy. He further added that the seemingly unjustified penalty faced by the Germans will exacerbate the process of obtaining peace with countries around the world (Keynes). True enough, the German became one of the contributors to the World War II (WWII). It is also possible to conjecture that, had the Council of Four considered the effect of their decisions before signing the Versailles Treaty, WWII might have been prevented from occurring. Keynes’frustration on the treaty was not only concerned with the global economy, he was also concerned with the long term effect on the Germans. This is noted when he said, “Those who sign this treaty will sign the death sentence of many millions of German men, women and children” (Keynes). Overall, economic competition and trade are the possible factors that may contribute to war. By comparing the motivations behind the big powers’colonization on other countries, it can be deduced that their endeavor is mainly motivated by economic advantages and prestige. Nurul Hanisah Kamarul Zaman (18499129) Week 4 HIST 103
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