1. The Western Democracies Stumble
Chapter 16 – Section 2

2. What do you think these lyrics are about?
Do Now: Monday 4/1/13
“They used to tell me I was building a dream
With peace and glory ahead---
Why should I be standing in line,
Just waiting for bread?
Once I built a railroad, I made it run,
Made it race against time.
Once I built a railroad, now its done ---
Brother, can you spare a dime?”
What do you think these lyrics are about?

5. Postwar Politics Economic problems led to social unrest
Needed to find jobs for returning veterans

6. Irish Independence 1914: home-rule bill  shelved when war began
Easter 1916
small group of militant Irish nationalists launched a revolt against British rule
Quickly suppressed by British
caused wider support for Irish independence
1919  Parliament failed to grant home-rule again
Irish launched guerilla war against British forces and supporters
1922  agreement was made
Most of Ireland became self-governing
Northern counties, largely Protestant, remained under British rule

7. “The Red Scare”
Fear of the Bolshevik Revolution in Russia set off a “Red Scare” in the U.S.
Police deported suspected foreign born radicals
Growing demands to limit immigration

8. The Great Depression
Late 1920s in the U.S. & spread to the rest of the world
Demand for raw materials & agricultural products skyrocketed during the war – demand & prices fell after the war
Overproduction  slow in production  less workers needed
Financial mismanagement
Prices on stock exchange were all time high
Federal Reserve increased interest rates in 1928 and 1929
Did not work  people became afraid to invest  hurt demand
Fall 1929 Stock prices crashed – wiping out fortunes of many investors

11. Depression Spreads American banks stopped loans abroad
Demanded repayment of foreign loans.
Without U.S. support, Germany could not make reparation payments
France and Britain could not make loan payments
U.S. raised tariffs to protect economy
Backfired when other nations raised their tariffs

12. FDR & The New Deal
Government was needed to combat the Great Depression
Economic and social programs
Federal government became more directly involved in people’s everyday lives than ever before
Social Security system  pension for elderly
1934  Dust Bowl
New Deal did not end the Great Depression, but it eased the suffering for many

16. Portrait shows Florence Thompson with several of her children in a photograph known as "Migrant Mother". The Library of Congress caption reads: "Destitute pea pickers in California. Mother of seven children. Age thirty-two. Nipomo, California."

17. Consequences
As the Depression continued people lost faith in democratic governments’ ability to solve problems of the modern world
Despair in Europe intensified
Extremists promised radical solutions
Benito Mussolini, Joseph Stalin, Adolf Hitler

18. Section 2 Packet  Western Democracies Stumble
Homework DUE: Wed. 4/3
Section 2 Packet  Western Democracies Stumble
All Checkpoints & #3, 4, 5