Interwar Years: Great Worldwide Depression. The International Scene.

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Presentation transcript:

Interwar Years: Great Worldwide Depression

The International Scene

Europe in 1919

After WWI what was created to estb. international cooperation? To prevent another world war by encouraging a peaceful resolution to problems? League of Nations After WWI what was created to administer to the colonies of the defeated nations? Mandate System France and Britain Middle East Who didn’t join the League? United States

League of Nations Members in 1919

Washington Naval Conference 1922 U. S. Britain Japan France Italy Kellogg Briand Pact 1928 limits amount of weapons each country can have

League of Nations Main reason it failed? No enforcement!!!!

Mandate System

Zionism-the mov’t to establish a Jewish homeland

Economics of the Interwar Years

Agriculturalism- agricultural production was a profitable item during the war but after the war there was far less demand for agricultural products

Economic Isolationism- the attitude of ignoring the economic interconnections between countries. Most countries raise tariffs (taxes on imports) to encourage their own citizens to buy products made in their own country. This means no other country will buy products your country tries to sell to them...it becomes protectionism

France one of the few countries which does not become totalitarian

France Counted on German reparations to pay for rebuild of infrastructure liberals under Populist Party run gov’t for a while inflation and bad economy make trouble for France Severe economic problems 1) war debt to US 2) need to build defense against Germany - Maiginot line

England one of the few countries which does not become totalitarian

Germany

United States The country that emerged from WWI with the only dynamic economy

United States What caused the stock market crash of October 1929?

United States What caused the stock market crash of October 1929? 1. Stock prices were inflated by the gov’t 2. The beginning of WWII 3. Negative influence of the Treaty of Versailles 4. Stock purchased on credit inflated prices

World Wide Depression Which of the following was NOT a cause of the worldwide depression in the 1930s? 1. German reparations for World War I 2. Stock Market Crash of World War II 4. Excessive expansion of credit

World Wide Depression Which of the following was not a result of the worldwide depression in the 1930s? 1. high unemployment in industrial countries 2. growing importance of the Nazi Party in Germany 3. bank failures and collapse of credit 4. Stock Market crash of 1929