1. The Great Depression
&
WWII

2. German Depression Germany’s government: Weimar Republic- very weak
Germany did not increase wartime taxes; just printed more money
Result was HUGE inflation
Had to pay reparations for WWI; just printed more money. Made inflation worse
German prosperity returns as a result of the Dawes plan

3. What statement might this picture make about the value of German currency during the Great Depression?

4. American Financial Collapse
American Economy sustained world economy in 1920s
US ECN had weaknesses:
Uneven distribution of wealth
Overproduction by business and agriculture
Many Americans were buying less
American farmers and business owners stopped making profit and were unable to pay off their loans

5. All of these men are applying for ONE job!

6. American Financial Collapse
1929, Black Tuesday. NYC’s Wall Street Stock Market Crash
Investors noticed that stock prices were unnaturally high
Started selling stocks
Tried to lower prices gradually; ended up being downward plummet
Everyone wanted to sell; no one wanted to buy
Market collapsed

7. This leads to a run on banks…..

8. The Great Depression Stock market crash quickened ECN problems
Factory production cut in half
US Government tried to tax imports heavily; hurt US and overseas businesses
Britain’s success
Passed high protective tariffs
Increased taxes
Lowered interest rates
Regulated currency
Brought about slow but steady recovery

9. The Great Depression US recovers
1932 Presidential election: Franklin Delano Roosevelt elected president
Sets up government reform called The New Deal
Includes large public works projects
Large amounts of public money spent on welfare
Regulated stock market and banking system
Preserved country’s faith in the American Democratic System
Eventually, US involvement in WWII pulled us out of depression

10. FDR vs. incumbent Herbert Hoover

12. World War II

13. WWII Agressors Italy: Fascists- led by Mussolini
Germany: Nazis- led by Hitler
Japan: militarist- led by Hirohito
Spain: socialist- led by Fransisco Franco

14. Attempts at Peace US follows isolationist policy
Germany expands the 3rd Reich
Hitler continues to march into countries and annex them.
Appeasement:
Munich Conference, Sept. 29th 1938
Decide to give Hitler the Sudetenland
Hitler promises to respect Czechoslovakia’s borders
6 months later, Hitler annexes Czechoslovakia

15. Non Aggression
Nonaggression pact signed by the Nazis (Germans) and the Soviets (Russians)
Stalin and Hitler agreed never to attack one another
Italy, Germany, and Russia- the Axis powers

16. The European Campaign Soviet troops occupy the eastern half of Poland
Fall of France
Dunkirk
Battle of Britain
Hitler invades Russia
Mussolini in Ethiopia
US undeclared naval war with Germany

17. The Eastern Front Japan attacks Pearl Harbor Battle of Midway
Battle of Guadalcanal- 43:28 WWII HD Episode 1
Battle of Iwo Jima
See page 933 in the text. Discuss warm up answers.

18. Allied Victory North African Campaign Battle of Stalingrad
Invasion of Italy
D-day invasion- Deception:
Battle of the Bulge
See page 942 in the text. Answer questions 1 and 2.
Hiroshima and Nagasaki

19. WWII Ends Germany has unconditional surrender
Japan surrenders and is then occupied by the US
Nuremburg trials held those responsible for the Holocaust accountable for their crimes
Famine and disease spread throughout Europe b/c transportation system was destroyed by European battles