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Published byBarry Atkins Modified over 9 years ago
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II. An economic depression in the United States spread to the world and lasted a decade. A. After war, Europe in bad shape.
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B. Post-War treaties 1. Locarno – clean up issues left by Versailles 2. Kellog-Briand- outlaw war 3. League of Nations- 1.No enforcement 2.No U.S.
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C. The situation worst in Germany. -The Weimar Republic 1. Little government loyalty 2. Weak economy 3. Uncontrollable inflation 4. War debts
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5. American plan used bank loans to help the German economy - The Dawes Plan 6. 1929, German factories produce as much as before the war.
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D. Politics in the Postwar World 1. Economic instability 2. Political unrest. 3. U.S. uneasy about radical ideas so limited immigration from Europe.-The Red Scare
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4. Britain In Britain, a new multi- party government took over- Labour 4. Ireland-”The troubles” –1916 Easter Rising –Irish Republican Army
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E. The economy of the United States booms in the 1920s. 1. Growth hid problems. 2. Inequity in wealth 3. Over-production leads to surplus. 4. Farmers face over production and drought 5. 1929, stock prices plunged
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G. 1932 -In the US, Franklin D. Roosevelt began the New Deal. 1. “All we have to fear is fear itself” 2. The government spent large amounts of money on building public works-roads, dams, bridges, airports, and buildings
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3. The three”R’s of the New Deal a. relief -programs to provide food, clothing and shelter b. recovery- programs to put people back to work. c. reform -programs to prevent a depression from happening again
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