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World War II (WWII), also called the Second World War, was a global war. It took place from 1939â1945. Most of the world's countries, including all the great powers, fought as part of two military alliances: the Allies and the Axis. The war was fought as a total war, meaning all resources a country had were used in the war, even those that didn't belong to the army, such as factories.
Transcript of How WW2 affect the global economy. How WW2 Affected the. Global Economy Although war is very expensive which is a negative, it does create jobs which is very big positive. Thesis Statement: WW2 had a huge impact on the economy in both a positive and negative way.How WW2 Helped the economy. Although WW2 was very expensive to participate in it did help the Canadian economy in the long run. The reason why is because the war created a lot of jobs.hesis Statement: WW2 had a huge impact on the economy in both a positive and negative way. How WW2 Helped the economy. Although WW2 was very expensive to participate in it did help the Canadian economy in the long run.