Interwar Years: Great Worldwide Depression. The International Scene.

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 NationsAfter WWI what was created to administer to the colonies of the defeated nations?

Mandate SystemFrance 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 5 5 3 1.67 1.67

Kellogg Briand Pact1928

limits amount of weapons each

country can have

League of Nations

Main reason it failed?

No enforcement!!!!

Mandate System

Mandate System

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

Franceone 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 problems1) war debt to US2) need to build defense against Germany - Maiginot line

Englandone of the few countries which does

not become totalitarian

Germany

Germany

Germany

United States

The country that emerged from WWI with the only dynamic economy

United StatesWhat caused the stock

market crash of October

1929?

United StatesWhat caused the stock market crash of

October 1929?

1. Stock prices were inflated by the gov’t2. The beginning of WWII3. Negative influence of the Treaty of Versailles4. 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 I2. Stock Market Crash of 19293. World War II4. Excessive expansion of credit

World Wide DepressionWhich of the following was not a result

of the worldwide depression in the 1930s?

1. high unemployment in industrial countries2. growing importance of the Nazi Party in Germany3. bank failures and collapse of credit4. Stock Market crash of 1929