The effects of the Great War lasted for long after the initial fighting ended. It had destroyed a whole generation of men. Families grieved over the loss of their loved ones every year and soldiers tried to overcome their psychological and physical scars; the proof of their glorified contribution to the war. Germany suffered greatly after the war. They were turned into a republic so everyone had to govern themselves.
Not only did they have to deal with many political groups fighting for power, they also had a shortage of food and jobs. They even had to pay a total of £6600 million to the allies in damages. This caused them to keep making bills but this resulted in hyper inflation. People would have to carry a lot of bills just to pay for the simple necessities of life.
In Australia, the economy boomed because the government cancelled existing trade agreements with Germany and Austria-Hungary. This helped many Australian industries because there was less competition for contracts. By the end of WW1, there were over 400 products made in Australia compared to before the war.
Despite the good and bad effects of war, the soldiers are still remembered to this day especially on Remembrance day and ANZAC day, in which red poppies are worn in respect.
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