Great Depression #3 Flashcards
Who was still struggling after World War 1?
Europe.
What did American banks want back?
Their investments.
What did the world economic collapse pave the way for?
Powerful leaders to rise around the world.
What did Hitler promise?
change for the german people and it worked.
How many people were killed by Hitler?
12,000,000-16,000,000
Who became the ruler of Italy?
Benito Mussolini.
What idea did Benito Mussolini come up with?
Fascism.
What is fascism?
A governmental system led by a dictator having
a complete power, forcibly suppressing opposition and criticism, regimenting all industry, and commerce, and emphasizing an aggressive nationalism and often racism.
How many people were killed by Benito Mussolini?
430,000.
What did Joseph Stalin do?
Continues communism and becomes a totalitarian dictator.
What is a totalitarian dictator?
One political group or leader has complete control (all who oppose are killed off) while the rest of the
countries have no power but are considered equal.
How many people were killed by Joseph Stalin?
14,000,000-19,000,000
What did Americans begin to do about bank runs?
Federally back each bank.
Nowadays, what does insurance from the federal government protect?
Peoples deposits.
How did the Great Depression impact farms?
Farm prices had to be cut in half so people could buy the farmer’s food. Lower prices meant lower income for farmers. As incomes dropped, farms went bankrupt or suffered foreclosure.
