Search for Stability in the inter war period SIN # 22 SWBAT: Examine the effect of WWI on European countries.
Effects of the Treaty of Versailles People wanted a return to normalcy Made nations unhappy, border disputes in Eastern Europe League of Nations was not effective at making decisions and maintaining peace because the USA refused to be a part of it (isolationism). Germany could not pay the $33 billion to France in war reparations causing inflation when the government began to print more money
Financial Collapse in Germany Caused inflation (the value of money decreased) 1919: 9 marks = 1 US dollar 1922: 500 marks = 1 US dollar Jan 1923: 18,000 marks = 1 US dollar Nov 1923: 4,200,000,000 = 1 US dollar
Armenian Genocide Ottoman Empire (Turkey) accused Armenians of supporting Russians during WWI and killed or exiled them millions Armenians killed by massacres or starvation from deportation No international intervention to stop them because of WWI
Fixing the Mess Aug Dawes Plan (USA) reduced the total amount that Germany had to pay to a manageable amount and also provided Germany with a $200 million loan. Kellogg-Briand pact (1928) 63 nations signed a pledge to maintain peace in the world Germany joined the League of Nations. No way to enforce these promises and nations were unwilling to reduce military forces. “We promise not to blow the crap out of each other again. Honest!”
The Lost Generation Term refers to the men ages that died during WWI “You are all a lost generation.”
The Great Depression (1929-late 1930s) Depression- a series of worldwide financial and economic crisis Success of the “Roaring 1920s” came to an abrupt end 2 Factors: Downturns in the economies of nations in late 1920s caused by overproduction Crash of the New York Stock Exchange (October 1929) causing international investors to withdraw and loose money
Effects of the Great Depression Governments became more involved in their economies Rise of Communism People began to follow leaders who offered a quick solution to their many problems
Homework SIN #22 cont. What are some of the problems the world is facing after WWI? Why can’t things go back to normal? (answer in 6+ sentences)
ScY armenian genocide PBS Start at 16 min UXe8 stock market start at 3min UXe8
USA and the New Deal USA was effected most by the depression (12 million unemployed in 1933) Franklin Delano Roosevelt (FDR) elected president in 1932 implementing a program of “relief, recovery, and reform”- the New Deal The New Deal: - increased public works - social security * but unemployment continued