The Impact of World War on the Global Economy World Wars I and II had a deep and broad impact on the global economy that cannot be ignored. Each of these conflicts created significant structural changes in international relations and economic patterns. First, World War I (1914-1918) destroyed much of Europe’s infrastructure, causing severe economic losses. The countries involved spent most of their budgets on the war, resulting in fantastic debts. Economic theory suggests that the shift to military industry diverted resources from the civilian sector, which slowed economic growth. The agricultural sector also felt the impact, because many farmers fought on the battlefield. After World War I, countries such as Germany experienced hyperinflation, which led to social instability. The burdensome reparations system created tensions, fueling the rise of nationalism and further conflict in Europe. World War II (1939-1945) had an even greater impact. After this conflict, the global economy underwent a transformation with the emergence of new economic powers, such as the United States and the Soviet Union. The US emerged as a world economic leader, introducing the Marshall program to help Europe rebuild. This approach increases industrial production and creates jobs. Europe also experienced greater integration through the creation of international organizations, such as the International Monetary Fund (IMF) and the World Bank. The new structure aims to prevent future crises and promote stability. World war also triggered rapid technological developments. Innovations in transportation, communications, and military engineering drove new industries. This creates jobs and drives economic growth in many countries. Additionally, the emergence of technology such as radar and modern computer systems has had a long-term impact on the industry. The political and economic uncertainty created by war causes economic actors to be more careful. However, it also encouraged trade liberalization in the post-war era. Agreements that facilitate international trade emerge, having a positive impact on global economic growth. The post-war world economy is verified as an interconnected system, where one crisis can impact many countries. This dependence became even more pronounced during the global recession in 2008, indicating that the impact of the World Wars is still relevant in predicting future economic crises. The political and economic vehicles formed after the world wars became the basis for the creation of the current global system. This creates the stage for international organizations seeking to address transnational economic issues. The importance of multilateral trade agreements is crucial in maintaining global economic stability. Today, we can see trading systems such as the WTO being established to deal with trade tensions that can arise from political instability. Understanding the impact of the World Wars on the global economy helps us to better appreciate the importance of international collaboration to prevent conflict and promote sustainable growth. This is a reminder for the world to learn from history in order to maintain economic stability in the future.