What Were the Major Combatants' Expectations of How the War

question 5

Essay

What were the major combatants' expectations of how the war would be fought in 1914? How closely did the war conform to their expectations? Why were they so wrong?

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Definitions:

Investing

Employment of financial assets aimed at producing income or profit.

Perpetuity

A financial term describing an annuity that pays a constant amount indefinitely.

Cash Flows

A financial metric that shows the net amount of cash and cash-equivalents being transferred into and out of a business.

Path Analysis

A statistical technique used to describe the directed dependencies among a set of variables, often visualized through a diagram.