The Impact of Modern World Wars on the Global Economy Modern World Wars, especially those that occurred in the 20th and early 21st centuries, have left a significant impact on the global economy. This impact can be seen from various aspects, from changes in market structure to trade policies. One of the most obvious impacts is a change in resource allocation. During war, countries must shift their manufacturing focus to producing military needs. This led to previously unimaginable technological innovations, which were then applied in the civilian sector after the war ended. For example, developments in computer and aviation technology during World War II paved the way for new industries. Furthermore, the war increased global economic integration. The countries involved often collaborate in military and political alliances, leading to the formation of trade agreements. After the war, many countries carried out economic reconstruction based on multilateral principles, as seen in the creation of institutions such as the IMF and World Bank. This creates a more stable environment for international trade. On the other hand, war also causes changes in the world economic power structure. The winning country often dominates the global market. A notable example is the United States after World War II, where the US economy became the leading power, displacing previously dominant Europe. This dominance continues today with the US as the center of innovation and investment. Political stability affected by war also has a direct impact on the economy. The factions and conflicts that arise often disrupt global supply chains, causing price increases and uncertainty in the market. For example, conflict in the Middle East can affect world oil prices, which in turn affect inflation and economic growth in other countries. Additionally, modern warfare increases investment risks. Geopolitical tensions may make investors more cautious. They tend to shift their funds to safer assets, such as gold or government bonds, reducing investment flows in high-risk countries. Changes in consumer behavior cannot be ignored either. As society focused on basic needs during the war, consumer preferences shifted, influencing how companies adapted to demand. After a war, there is usually a surge in demand for consumer goods, fueling industrial growth. With all that, the impact of modern world war on the global economy cannot be underestimated. Starting with innovations obtained from military needs, a more integrated economic system, to the long-term impact on market stability, shows that every conflict has major implications that go beyond national borders.