Lesson Essential Question What political and economic challenges did the leading democracies face in the 1920s and 1930s?
After WW I: Britain, France, USA powerful After WW I: Britain, France, USA powerful. Europe issues: rebuilding land jobs for vets Britain Issue: Socialism and Irish question USA: Red Scare
France worried about Germany creates Maginot Line and insists on strict enforcement of the Versailles Treaty.
Many countries sign Kellogg-Briand Pact renouncing war as an instrument of national policy. Great powers pursued disarmament policy. Neither KB Pact nor League of Nations had power to stop aggression.
Many rising dictators noticed
Post War Economies Brit and France owe massive war debt to USA. Used reparation payments from Germany to pay loans. Brits high debt, high unemployment, low wages led to strike by 3 million Brit workers for nine days.
France recovered quickly. US emerged as top Economic World Power France recovered quickly. US emerged as top Economic World Power. 1920s people in MC had cars, radios and refrigerators.
1929 Wall Street Stock Market Crash - YouTube US over produced and started cutting back jobs. Fed Reserve raised interest rates. People got nervous and started a panic. 1929 stock market crashed.
GREAT DEPRESSION 59:00
US fell into a Depression. Pres. FDR used New Deal to slow process US fell into a Depression. Pres. FDR used New Deal to slow process. Depression was fertile ground for extremists.
New forms of Gov. start to pop up Socialism- system in which the people as a whole rather than private individuals own all property and operate all businesses. Fascism-any authoritarian Gov. that is not communist whose policies glorify the state over individuals and are destructive to human rights. Totalitarianism- gov in which a one-party dictatorship regulates every part of citizen’s life.
IN CLASS DISCUSSION OF COM, SOC AND DEM
Lesson Essential Question: What political and economic challenges did the leading democracies face in the 1920s and 1930s?