This ship is the HMS Dreadnought. It was one of the major causes of militarism and the Arms Race before WW1. While the arms race was a major factor of the start of World War 1, the German economy skyrocketed in this time. With factories needing to invent and pump out all these different inventions, there was an increasing need for people in the work force. This opened up more job opportunities, and began strengthening the German economy.
Salmon farming in crisis: 'We are seeing a chemical arms race in the seas'