World War I and the Interwar periodTheme
World war, roaring twenties and goulash barons
During the summer of 1914, war swept through Europe. What was known at that time as the Great War held the continent in its bloody grip until 1918. Thanks to skilful diplomacy – and calculating great powers who had no use for Denmark – the country was untouched by the ravages of war. Nevertheless, the war did leave a deep impression. Farmers, shipowners and businessmen all profited during the war years by selling the warring powers the supplies they needed. The word goulash baron" was coined as a none-too-flattering term for those that got rich on the war. But for most Danes, the biggest concern was the high cost of living. The government stepped in to help by imposing controls on industrial production and prices, and by implementing rationing.
Even though Denmark was not directly involved in World War I, it was never far off. Germany was worried that Britain would attack from the north via Denmark and built defensive positions along its border …