Presentation on theme: "Europe Post-WWI. Economic Uncertainty Only Japan & U.S.A emerged from WWI financially stable U.S. Loans Nearly every European nation is bankrupt,"— Presentation transcript:
Economic Uncertainty Only Japan & U.S.A emerged from WWI financially stable U.S. Loans Nearly every European nation is bankrupt, and Europe’s domination in world affairs declines.
Ineffective Government Fledgling Democracies in Germany, and Austro- Hungarian countries. Parliamentary countries with too many parties (France, Italy) Weimar Republic Coalition governments pave the way for authoritarian leaders later
Weimar Problems No German tradition of democracy Too many parties to effectively govern Blame by people for losing wwi, and accepting the Treaty of Versailles
German Economy Hyper Inflation: By 1923 $1=4 trillion Marks Dawes Plan: $200M loan from the U.S. Rescheduled reparations payments. Dawes plan works
Lasting Peace? France & Germany agree to never make war against each other again Germany is admitted to the League of Nations Kellogg-Briand peace pact: “Renounce war as an instrument of national policy”