1. Chapter 9 Section one notes
Futile Search for Stability

2. Global Instability after the War
Problems: League of Nations weak. U.S. did not join, could not enforce laws.
French strictly enforced Treaty of Versailles. French occupy Germany for money.
Germany experiences major inflation-money worthless

4. Dawes Plan and Treaty of Locarno
Dawes Plan-reduced German debt, spurred American investment in Germany.
This caused some prosperity until 1929
Treaty of Locarno- expanded German borders, allowed Germany to League of Nations. War “renounced”
This would not last

6. Great Depression –World wide Causes
Causes:Long term-War debt, too much borrowing, too much reliance on American Investment
Causes:Short term: American Stock market crash, banks collapse, American halting of froegn loans

8. Great Depression Effects
Million unemployed worldwide
Governments become more authoritarian as citizens lose faith in capitalism and democracy
Nazis take control in Germany
Fascists in Italy and Spain
Dictatorship in aggressive Japan