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The Interwar Period (Post WWI to 1939)
Causes of Worldwide Depression
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This Cartoon is from a German Newspaper
What idea do you think it represents?
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Causes of Worldwide Depression
Money Germany owed France and Great Britain from WWI German Reparations
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Causes of Worldwide Depression
Factories produced as many goods as possible Expansion of Production Capacities
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Which country is producing the most?
Global Economy Which country is producing the most?
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Causes of Worldwide Depression
The United States was making and trading a lot of goods United States Dominance in the Global Economy
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Causes of Worldwide Depresssion
What is the result taxing imported goods? High Protective Tariffs
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Causes of Worldwide Depression
Raises the price of goods People can no loner afford to buy the goods High Protective Tariffs
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What is happening here?
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Causes of Worldwide Depression
Too much lending was taking place People went into debt (they owed a lot of money) Excessive Expansion of Credit
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Stock Market Crash of 1929
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Causes of Worldwide Depression
Business lost a lot of money! They worth much less than before the crash Stock Market Crash of 1929
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Impact of World Depression
Interwar Years Impact of World Depression
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Interwar Years High unemployment Bank failures Collapse of Credit
(No credit available) Impact of World Depression
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Interwar Years Nazi Party rises to importance in Germany Nazi Party Blames Jews for Economic Collapse Impact of World Depression
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German Cartoon Top: German Emigrants Bottom: Jews Thrive in Germany
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Interwar Years Q: What would make people want a
very strong government?
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Review: Impact of World Depression
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