Without naval treaties, would navies still distinguish armored carriers from other first-line carriers?
Short answerProbably not in the same way; fleets would tend toward large Midway-, Audacious-, or Malta-like carriers plus smaller supporting types.
NotesMajor navies would likely move toward large carriers resembling the Midway, Audacious, or Malta classes. The treaty framework helped force designers into sharper distinctions among limited carrier categories. Without those constraints, the Royal Navy would field larger and smaller carriers rather than separate strike and fleet types. American development would likewise follow a less constrained path than the historical treaty-driven sequence.