The impact of war on global economy.

[coupable]

Despite their destructive capacity and catastrophic consequences for the state in which they are an arena, wars have other, undeclared aspects. Unfortunately, there are always parties that benefit from wars in different forms, and therefore wars have impacts on many economies since the interests are intertwined:
- Arms manufacturing companies that will sell weapons to the conflicting parties.
- Construction companies that will receive reconstruction contracts.
- Banks that will finance the conflicting parties in the form of high-interest loans.
- ...
Wars create chaos, causing the collapse of the internal economy of the region in which they take place. There are those who appear after wars, called war rich or crisis merchants, who accumulate wealth through smuggling various types of goods at the borders.

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[Baki202]

War has produced many negative impacts, apart from the three impacts you described above, war also leaves deep wounds on the people who live around the war. The impact produced by war depends on how big the war is, countries that are energy dependent from countries that are being hit by war also experience negative impacts such as stray missiles and increasing inflation ratios.

The increase in national GDP is hampered, state spending is increasing to finance war needs such as the need for large amounts of oil and the stock market is not functioning as it should, which makes share prices fall further. Overall, the impact of the war has left many negative sides, leaving huge losses in economic terms and leaving deep trauma due to the increase in disability.

Countries don't understand the ramifications that war brings, and if you study history closely, you will actually see the ramifications of does action. However, governments of countries don't take this into consideration, despite the fact that you can see many people reacting negatively to the effects of war in the news. There is no way that a war won't have an impact on the countries that surround it. Anybody will become weak even from seeing movies like We Were Soldiers Alone and what Happened. And both governments will need to spend a lot of money, which will have an impact on the economy, in order to establish stability. It's better to prevent these impacts, some of which even result in homelessness for certain people. Is just best avioded.

[Renampun]

1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

Currently there are several countries at war, but why is it only the Ukraine vs Russia war that affects the world economy, that's because not all wars affect the global economy, only wars between large and influential countries will affect the global economy.

I still really remember when the war between Ukraine vs Russia was in high tension, the concerns of all countries about oil and gas supplies reached an alarming level, speculative activities continued to occur, even predictions of the global economy collapsing also continued to grow, luckily until now we haven't experienced that much. The impact of the war between the two countries was severe, but war is still not a good thing, it only hurts all parties.

[Mr.right85]

Wars are a very distressing thing and it’s very disheartening when it becomes the case but, it’s effect is not always on the parties or victims on war alone. Like you’ve referenced a global impact in OP and the topic contains, war actually affects on a broader scale.
The world is more connected than we see it and that’s why, we’ve got nations in trades with themselves over the availability of resources and how to harness it beneficially for the rest of the world.
War actually comes in between all that and makes trades in this manner amongst nations impossible or not without some major difficulty which in turns affects the economy of a people and thus, the world.

Hence, in terms of having to restore peace in a state, it’s got to be a case for everyone to preach peace and hope peace is returned to every state at war.

[KingsDen]

Everything is being affected by the war. The price of commodities and as in everything has increased and that's due to the demand of oil that's also being used in war and the same goes to the affected areas where oil is being produced.

While there have been a lot of resources and sources of oil, you know that when there are events like this. They just make the prices balloon because they'll reason out it's because plainly of the war.

On for the affected land masses of the war, the decline of prices of the lands there are massively happening.

You have just summarised the OP unintentionally. Everything is affected by war. I haven't witnessed a full blown up war in my country but I have watched in the television. I have also read in the news and also been told by friends in the affected countries.  Tbh, if it is possible, war needs to be avoided by all means. Op hurriedly listed a few things that are affected by war, but I might decide to elaborate but let me just categorise the effects of war in the economy.

• Internal disruption 
• External effects
• Natural disruption

In the internal, only the countries at war will suffer as there will be no good food and freedom of movement by the citizens.
In the External, you will understand that neighbouring countries and other countries that depends on the affected country for trades and other international relations will suffer. While the natural effects talks about the environment disorder which affects even the nature and animals. If possible, leave peaceably with all men and shun war.

[Vaskiy]

1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

Currently there are several countries at war, but why is it only the Ukraine vs Russia war that affects the world economy, that's because not all wars affect the global economy, only wars between large and influential countries will affect the global economy.

I still really remember when the war between Ukraine vs Russia was in high tension, the concerns of all countries about oil and gas supplies reached an alarming level, speculative activities continued to occur, even predictions of the global economy collapsing also continued to grow, luckily until now we haven't experienced that much. The impact of the war between the two countries was severe, but war is still not a good thing, it only hurts all parties.

At the beginning days, the impact of war between the two countries were felt much all around the world. Over time things started to change as countries started to look for the alternate sources to keep things functioning in an orderly manner. The major reason being the oil supply cut which directly affects the increase in price of each an everything. Next thing is the food supply, Russia and Ukraine being the global contributors in wheat supply stopped it. Above all is the loss of human lives and the situation to lead the life amidst the fear. Global economy experienced hard downturn by covid-19 and the war had made situation even worse.

[Afnan_faizah]

I think war always bring bad impact to the world economy. imagine this, build a building from destructed building is more expensive rather than build a building on empty land. war will make the cost for development increase a lot, it will really slow the progress and as human we maybe don't have enough power or resource to anticipate bad things from nature that maybe come in the future.

[bestcoins1]

I think war always bring bad impact to the world economy. imagine this, build a building from destructed building is more expensive rather than build a building on empty land. war will make the cost for development increase a lot, it will really slow the progress and as human we maybe don't have enough power or resource to anticipate bad things from nature that maybe come in the future.

Generally this is true, but this is only felt by countries that are at war because the destruction you are referring to only occurs in certain areas and not globally. But if we look at the negative impacts that can spread globally, there are also high prices for basic necessities or raw materials that have not been processed and the difficulty of having access to countries that are at war to make marketing there, so this has become a very basic obstacle.

Apart from that, if several countries are facing war and usually these countries very often produce natural resources in large quantities and the results of these natural resources are raw materials for making certain products which are often needed by all communities, this will also have an impact. which is even worse. Namely an increase in the price of raw materials to two or three times the usual because when raw materials or natural resources become scarce, the price will continue to soar and companies that often buy these raw materials will also find it difficult to produce more.

[bayu7adi]

2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

As you mentioned, oil will be in high demand for fueling warfare, and stock prices will experience extreme volatility as a result. The consequences of war indeed lead to substantial losses.

However, as you pointed out in the second point, if the demand for oil increases, it implies that energy-related stock prices will also rise. Furthermore, defense-related stocks will naturally surge in value because many countries require them. Savvy investors will be wise to safeguard their assets during the crash that may occur during a world war.

[HONDACD125]

1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

There is no doubt that war has a very bad effect on the world economy.The economy of poor countries is badly damaged by war.Due to the bad effects of war, the growth rate of national GDP decreases and some countries' GDP even goes into the negative.It is obvious that if there is a war, the rate of your national production will decrease.

War is also likely to cause food shortages, which in turn increases the prices of all things.It is true that oil will be considered the most important resource in modern warfare because the countries that have more oil production can stop or increase oil production.Just as in the war between Russia and Ukraine, Russia threatened to reduce or cut off gas supplies to European countries, due to which gas prices in European countries have increased significantly.


As soon as there is news of war anywhere in the world, it has a very bad effect on the stock market.Most of the countries' stock markets fall and all investors are at risk of losing their money. Of course, war is dangerous for the stock market.I think the neighboring countries of this country will be very badly affected in case of war.Because refugees from war-torn areas are often forced to seek refuge in neighboring countries, which is likely to increase the burden on the economy of these countries.

[yhiaali3]

I prefer 2 and 3 as the greatest effects of war on the global economy. In wars, oil becomes the first target because the war machine depletes fuel and the demand for fuel becomes very large. Also, due to the poor security conditions, transportation and transportation methods become very dangerous and expensive, and this leads to a crisis. Great global due to the rise in fuel as we witnessed in the Russia-Ukraine war.

Wars also affect the stock market and cause stock prices to fall due to the fears raised by wars. Fears arise among most people, especially large investors, and they may resort to selling stocks and buying valuable assets such as gold and perhaps Bitcoin.

[Negotiation]

The impact of the war has added alarming pressure to inflation in the world economy natural gas prices are increasing rapidly. Global stocks and indices continue to fall along with that gold and aluminum prices have also started to increase. Russia's aggression has started to affect the global market from wheat to fuel prices. Restlessness is appearing in other sectors of the economy as well the Western business institutions began to suffer of the war but the economy of developed countries has gone through the crisis but there is no exaggerated negative propaganda. The price of food grains imported and exported through this route is increasing due to the attack on Ukraine. Due to the corona epidemic the purchasing power of people in many parts of the world has already decreased if the price of food increases again it will increase the crisis.

[asyakashi]

it feels right. The second point is the most important I think. I saw that during the war between Russia and Ukraine. I think oil is very important. but not just those 3 points. I think electricity and food will of course increase. that was because of the difficulty in trading in the middle of a warring city. it should just be a stock for emergency supplies.

[0t3p0t]

Internal conflicts with insurgents even have a huge impact in a country's economy how much more when we are going to talk about global one. Those lists could be partial because I know each and everyone of us has opinions regarding impacts of war on global economy. Though my lists are common but still counts as valid impacts. Aye?! 😁

[sunsilk]

Everything is being affected by the war. The price of commodities and as in everything has increased and that's due to the demand of oil that's also being used in war and the same goes to the affected areas where oil is being produced.

While there have been a lot of resources and sources of oil, you know that when there are events like this. They just make the prices balloon because they'll reason out it's because plainly of the war.

On for the affected land masses of the war, the decline of prices of the lands there are massively happening.

You have just summarised the OP unintentionally. Everything is affected by war. I haven't witnessed a full blown up war in my country but I have watched in the television. I have also read in the news and also been told by friends in the affected countries.  Tbh, if it is possible, war needs to be avoided by all means. Op hurriedly listed a few things that are affected by war, but I might decide to elaborate but let me just categorise the effects of war in the economy.

• Internal disruption 
• External effects
• Natural disruption

In the internal, only the countries at war will suffer as there will be no good food and freedom of movement by the citizens.
In the External, you will understand that neighbouring countries and other countries that depends on the affected country for trades and other international relations will suffer. While the natural effects talks about the environment disorder which affects even the nature and animals. If possible, leave peaceably with all men and shun war.

I didn't noticed that.

We're fortunate that we've never experienced the whole and worst impact of that war physically but with the effect of it globally, we're all affected.

As much as we want to end these wars and avoid them at all cost, we don't know what's on the mind of the world leaders. Maybe those conspiracy theories are right about them, it's all about money and arm sales.

[Spaceman1000$]

1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

I think there is nobody that benefits from war, that is why Winston Churchill said, "it's better to jaw-jaw than to war-war".
First, war shrinks the economy of the waring countries, because manufacturing, production and supplying will be brought to a halt, thereby affecting the growth of GDP of the countries involved.

Importation of finished product to the international market will be grounded totally,  because international flights might be restricted from those countries at war.
So if the countries at war, are well known crude oil producing countries, you will notice that, there will be shortage of supply of crude oil to the international market, thereby affecting the global economy.

[kingvirtus09]

1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

Obviously, the impact of the wars in other nations is obvious; it is not simply oil that is being hiked. Almost all of the commodities required by ordinary people like ourselves have been produced. Almost every country is affected.

Right here in our country, our economy is recovering like a turtle, but it is still accompanied by inflation, which is the cause of the rise in prime commodities in our lives. The number of unemployed persons is also on the rise.

[puloweh555]

1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

Of course, the impact of war if the war does not stop, then the country could experience a recession due to a decrease in GDP. The impact of war will also cause economic depression ranging from unemployment, crime, to food crises. If we look at the war between Russia and Ukraine. The war that occurred between Russia and Ukraine not only had an impact on the national economy and taxation, but also had an impact on countries in the world. Apart from that, of course the war between these two countries also had an impact on increasing world oil prices. Because so far Russia is the second largest oil producing country after America. With this war, of course oil production in Russia experienced obstacles, thus affecting the flow of oil exports, including to other countries. This will also have an impact on import taxes and VAT.

But what actually had the most impact apart from what you mentioned above was the very sad situation, lots of blood flowing, building debris and all the bad things resulting from the war that was there. Many innocent people become victims, especially women and children. Families must be separated. Children and women fled. I find it hard to imagine how they feel. It could be said that war is a human tragedy.

[flyingcarpet]

The impact of the war has added alarming pressure to inflation in the world economy natural gas prices are increasing rapidly. Global stocks and indices continue to fall along with that gold and aluminum prices have also started to increase. Russia's aggression has started to affect the global market from wheat to fuel prices. Restlessness is appearing in other sectors of the economy as well the Western business institutions began to suffer of the war but the economy of developed countries has gone through the crisis but there is no exaggerated negative propaganda. The price of food grains imported and exported through this route is increasing due to the attack on Ukraine. Due to the corona epidemic the purchasing power of people in many parts of the world has already decreased if the price of food increases again it will increase the crisis.

While food prices are falling around the world, food prices in the country I live in have increased more than ever before. Both global economic problems and wrong policies of the state caused inflation to increase more than normal.

The negativities brought about by Russia-Ukraine and Corona also brought the economy to this state. In general, I do not think that the recovery phase has been reached. There is just a recession.

[DrBeer]

Some nations like USA live for war, they have to have war every few years, and send their troops and all their shiny new gadgets to other nations to attack, otherwise they are not going to sustain. This is a nation with no danger on their country at all, nobody is attacking them and haven't in centuries, and yet they are spending a trillion dollars per year on military, and they keep suggesting that they have to otherwise something bad may happen the moment they stop, and in order to justify that they have to attack somewhere. Outside of that, no other nation would profit from war, there is no reason for war neither, but obviously humanity is not like that at all, for some reason we keep attacking each other constantly.

That's a dubious thought. And I'll explain why. War is a very expensive and costly endeavor. Yes, the US military-industrial complex makes good money, and that is if it is a participant in the war. But the budget of the country incurs huge costs. War is a very expensive "pleasure". And its goal should be such that it pays off these costs. I honestly don't remember in the last 100 years that the US started a war and then seized someone's territory and resources. You must be confused with Russia, which has phantom fantasies of "empire" and "greatness", which for 20 years has been trying, and partially succeeding, to seize other people's lands and resources, and putting the inhabitants of the occupied territories into a slave existence.
U.S. participation, for example, in helping Ukraine against the terrorist war unleashed by Russia, is a CONsequence of Russian aggression. Moreover, it is very late.
But maybe I don't know examples that you can give to explain your IDEA ? I will be glad to familiarize myself with these facts !