The World Wars

  • Jari Eloranta
Part of the Palgrave Studies in Economic History book series (PEHS)


The world wars were the most destructive conflicts in human history, both in terms of the economic cost and the human misery they inflicted. This chapter discusses the origins, impact, and outcomes of these conflicts and why they did not occur before or after the twentieth century. Issues discussed broadly relate to defence economics and include economic warfare, mobilisation, demobilisation, resources, and military spending.

JEL Classification

N41 N42 N43 N44 N45 

Reading List

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Jari Eloranta
    • 1
  1. 1.University of HelsinkiHelsinkiFinland

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