"When Nations Bleed: Exploring the Deep Effects of War"

"When Nations Bleed: Exploring the Deep Effects of War"

Wars are the most cursed decisions of man-kind and it not only has devastating effects on the people but also on the economy of the world. Minor operational attacks may be ignore like operation Sindoor,Uri attack, Ukraine power grid attack and etc. But wars between nations have a huge impact on the economy. This post is concentrated on the devastating effects of wars.

1. Effects on the people

If there is a war between any nation then the losses are suffered by both the attacker and the defender country. Some of the disadvantages to the people of both the countries may be Financial problems , loss of life's , loss of education and etc. Let's discuss these effects in detail : 

1) Loss Of lives : When we here the name war the first thing which comes to our mind Is loss of lives of the people. It's the one of the he most devastating effects of wars. Many people and soldiers during wars are badly injured or unfortunately loose their lives.

2) Loss of livelihood : Another devastating featur of wars is loss of livelihood. As the economy faces recession many people loose their jobs and sources of livelihood

3) Loss of mental peace : Because of wars people also loose their menta peace and are subjected to anxiety, hypertension, high blood pressure and etc. 

2. Effects On The Local Economy 

During wars the Economy of the attacker and the defender country faces recessions and sometimes the economy shatters into pieces. The stock exchange of the country also falls rapidly. There are also hikes in the prices of oil,Gas and food and resources are drained rapidly. For example Germany after WW1 and China after WW2. Let's discuss these effects in detail : 

1) Stocks exchange : The stock exchange during wars faces losses . Wars creat uncertainty among the investors which creat commotion in the market and the stock market becomes very volatile as the investors act emotionally.

2) Inflation : Another effect of wars is inflation where the prices of goods and services increases rapidly and in some cases hyperinflation takes place . For example Germany faced hyperinflation after WW1.

3) Global trade disruptions : During wars supply chains are interuptted and there are hikes in prices of oil , gas , food and resources are exploited at a higher scale.

3. Effects On The Global Economy 

 Wars can disrupt the global supply chain and also trade wars brake out in the neighbouring countries. The oile prices and Gas prices increases and in rare cases recessions are also faced. Inflation also takes place at a rapid pace and stock exchange falls rapidly.Let's discuss these effects in detail:

1) Inflation And Commodity price spikes : During wars the prices for oil , Gas and food increase rapidly and in some cases nations face hyperinflation also.

2) Market Volatility : During wars the stock market becomes very volatile but reacts negatively most of the time.

3) Increased Government Spendings : During wars the goverment spends more money on the arms and warfare and pay less attention on the welfare of the citizens.