By Ben Gornish Josh Martin Luis Cruz Tyler Marx

OVERPRODUCTION farmers, miners and other suppliers of raw materials suffered because they earned less, they bought less. at the same time better technology allowed factories to make more products faster. this led to overproduction, a condition in which the production of goods exceeds the demand for them.

Meanwhile, a crisis in finance the manage meant of money matters, including the circulation of money, loans, investments, and banking was brewing. Few saw the danger. Prices on the New York stock exchange were at an all-time high. Eager investors acquired stocks through risky methods. Finance

GREAT DEPRETION in the autumn of 1929, jitters about the economy caused many people to sell thier stocks at once. financial panic set in, prices crashed wiping out the the fortunes of many investors. the great deprestion, a painful times to global economic collapsed, had begun quietly in the sumer of 1929 with decreasing production.

The New Deal FDR was the new president. He introduced the New Deal, which was the massive package of economic and social programs. The New Deal failed to end the Great Depression, although it did ease the suffering for many.

Britain set up a coalition government. This government established unemployment, but this did not improve the economy. France had several leftist parties supported Leon Blum. His party tried to solve labor problems and passed social legislation. Leftists were not happy and began to strike. Strikes brought down the government. United States' president, Franklin D. Roosevelt, introduced the New Deal. Democracies React to the Depression

British Party Struggles -In the 1920's the labour party surpassed the liberty party -They promoted a gradual move towards socialism -They also passed some social legislation and they were promoting the middle-classes business interests. -When the liberals began failing the upper and middle- class population began turning to the conservative party -After workers began striking (3 million) the conservatives limited the power of the workers for striking

Irish Independence -On Easter day of the year 1916, a small group of Irish nationalists revolted against the British rule -This revolt was quickly stopped however it sparked many future rebellions by the Irish against the British -The Irish republic began a "Guerilla War" against the British forces and the other British supporters Ireland became a self-governing state -However the protestant Northern Ireland remained under British rule

Frances Troubled Peace -Political divisions and financial scandals plagued the third republic -It was ruled by a series of coalition governments, these ranged from conservatives to communists -They fought and debated how to get more reparations from Germany

Foreign Policy -France had many concerns with the German broder -Peace settlements eventually began the start of forein conflicts and unrest between germans and other ethnic groups epecially

Maginot Line -In order to prevent an invasion France built massive fortification called the Maginot Line along the German Border in order to protect their nation -The line was strong however, it was still not strong enough to fight off the Germans invasion of 1940

U.S. Isolation -After the war the US experienced a lot of domestic unrest -Radicals ad the Bolshevik revolution set off the "red scare" which was from Some Americans did not accept new immigrants and as a result of this eventually congress passed laws limiting the immigration amounts entering America, before this immigration limits had already been acted upon the Japanese and Chinese

PEACE AGREEMENTS in 1925 representatives from seven European nations signed a series of treaties at Locarno Switzerland these treaties settled Germanys disputed borders with France, Belgium, Czechoslovakia and Poland.

ECONOMICS war affected economies all over the world hurting some and helping others. Britain and France owned huge war debts to the us. Europe suffered with economic problems but in the 1920s Europe made a shaky recovery. in contrast us booms and emerges from the war as the worlds leading economic power.

federal reserve To slow the run on the stock market, the federal reserve, the central banking system of the United States, which regulates banks, raised interest rates in 1928 and again It didn't work. Instead, the higher interest rates made people nervous about borrowing money and investing, thereby hunting demand. In the autumn of 1929, jitters about the economy caused many people to sell their stocks at once. Financial panic set in. Stock prices crashed, wiping out the fortunes of many investors.