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1914 – 1918 World War I

1914 – 1918 World War I

Who: Allied Powers vs. Central Powers

What: Allied Victory; Germany forced to pay reparations to invaded countries.

Where: Europe, Africa, Middle East

Why: Economic race, military buildup and competition for global resources such as oil that would be necessary for world domination.

Allied Powers: United Kingdom, France, Russia, Italy, and United States.

Central Powers: Germany, Austria-Hungary, Ottoman Empire, and Bulgaria.

Player: JP Morgan Financed Russia $12m, France $50m, Britain’s weapons purchased from US, and organized syndicate of US bankers to loan Allies $500m.

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