Chapter 34: The Shadow of War The American Pageant Chapter 34: The Shadow of War

Totalitarian Governments Fascism- A political philosophy that advocates a strong, centralized, nationalistic government headed by a powerful dictator (ITALY and SPAIN) Nazism- the political philosophy- based on extreme nationalism, racism, and militaristic expansionism- that Adolf Hitler put into practice in Germany from 1933 to 1945. (GERMANY) Communism- one-party government and state ownership of property. (SOVIET UNION)

London Economic Conference: FDR proves that foreign policy is a secondary concern for his administration compared to economic recovery at home. An international agreement to stabilize the currency would mean that FDR couldn’t use many of the inflationary policies that were part of the New Deal FDR essentially pulls the American delegation from the conference, destroying any chance for a worldwide response to the Great Depression and weakening the possibility of international cooperation against future threats.