Inter-Year War (1919-1939)

Question 1

Immediate Economic aftermath of WWI
German Economy

Answer 1

Germany has to pay 33$ dollars in gold. Attempt to print off money to pay bills, but inflation occurs as prices soar and german money isn’t worth anything.

Question 2

immediate Economic Aftermath of WWI
UK and French economy

Answer 2

Where dealing with the aftermath of the war emotionally, physically and geographically from the war. Had spent all their resources and money on the war, and were in need of economic reparations from Germany.

Question 3

Immediate Economic Aftermath of WWI
US economy

Answer 3

Untouched by the war, and had little competition from Europe. US population was consuming on easy credit, having more disposable income to invest in stocks and bond market which inevitably led to the stock market crash of 1929

Question 4

Economic problems of the mid/late 20s
Dawes Plan

Answer 4

It was where the US loans $ to Germany for their reparations to GB and France. It worked until the economic crash in the Us that Germany and Europe was dependent on.

Question 5

Economic Problems of the Mid/Late 20s
US Economic Crash

Answer 5

There was more agricultural output, meaning food prices were going down. Lower crop prices lead to farmers going bankrupt. Banks lose money and close because people are spending credit instead of money. The US stock market crash of 1929 led to consumers running out of credit and people selling their stocks, only for nobody to buy it, leading to stock prices plummeting, people going broke instantaneously.

Question 6

Early Government Responses to the Depression in the West

Answer 6

They believed in capitalism, but the dawes plan collapses since Germany can’t pay for their retributions. Government responded with economic nationalism, imposing tafiffs on import/export quotas. They hoped to gain self-sufficiency, but fail. Less world cooperation, led trade, and world production down. Where no more US capital imports due to underproduction of finished goods, tobacco and sugar.

Question 7

Depression’s impact on women

Answer 7

In the USSR, women gain economic equality because they needed a lot of employment for their production goals. W. Europe pass laws saying men were only allowed to work since men needed the jobs more.

Question 8

Business Response to the Depression

Answer 8

Us bankers called in loans from European countries, but EU began to withdraw. US banks have to recall their loans to Germany. 25% were now unemployed in the US. Margin buyers sell stock quick, but people realize stocks aren’t paying well, so they sell, but they’re no byers. People can’t pay their debts. Poorer get poorer and stop buying consumer goods. More people get laid of and businesses close. 11 financiers committed suicide by the end of Black Thursday, October 24th.

Question 9

Impact of the Depression on Colonies

Answer 9

Colonies were hit hard by the depression because they were dependent on the West for jobs and consumer goods

Question 10

Depression’s Impact on Culture

Answer 10

There was a lot of homelessness, poverty, and desperation since they didn’t food. Were open to radical ideas for change. Shanty towns, makeshift towns near manufacturing centers for workers were made so people had a place to stay. Marriage rates, CBR, and divorce rates drop, while suicide rates rise.

Question 11

FDR’s New Deal
Goal

Answer 11

The goal was to help alleviate the effects of the Great Depression, giving people jobs and a source of income.

Question 12

FDR’s New Deal
Deficit Spending

Answer 12

“Keynesian Economics”. It was to not excessively supply products with little amounts of demand for the product. It helped to put people to work in places where production was needed to increase money supply, lowing interest rates and increasing investment. This included public works projects to reduce unemployment and increase demand. They made social security, banking laws, and minimum wage.

Question 13

FDR’s New Deal
Employment

Answer 13

People were being employed for public works projects by the government which created more consumers and new factores were able to start to meet consumer demands with the new employment.

Question 14

FDR’s New Deal
Social Security

Answer 14

It is taxes that go into social security and when you become retired, you and your family can receive benefits based on reported earnings and taxes.

Question 15

FDR’s New Deal
Success?

Answer 15

While it does keep people employed and from starving, it does not end the depression completely.

Question 16

Rise of Fascism in Italy
Impact of WWI on Italy

Answer 16

casualties of the war were over 2 mil. They had debt from the war with rising inflation/unemployment, ect. They didn’t gain any mandates from the Treaty of Versailles.

Question 17

Rise of Fascism in Italy
Growth of Communism

Answer 17

Fascists were against liberal democracies. Saw individualists as weak. Against class-based visions of the future, like communism and socialism. They outlaw communist in the ministry of corporations in the corporatist economy.

Question 18

Rise of Fascism in Italy
Growth of Fascism

Answer 18

Chauvinism and xenophobia were part of ethno-nationalism, disliking state boundaries that separate them from their people. They are against liberal democracy, communism, and socialism. Italy gets no mandates in the Treaty of Versailles and is pissed. Their government is inefficient and makes way for fascist leaders, like Mussolini and Hitler.

Question 19

Rise of Fascism in Italy
Benito Mussolini’s Rise to Power

Answer 19

The russian revolution inspires workers to seize lands and factories, organizing political parties. The upper and middle class fear communist revolution, and Mussolini plays on their fears in order to take position. Black shirts were used to intimidate socialists. 1922 march on rome forces king ot name him temporary dictator. Brings promises to italy to bring them back to greatness, and fight communist threat.

Question 20

Rise of Fascism in Italy
Suppression

Answer 20

Mussolini wasn’t a totalitarian leader, and didn’t seize economy, religion,and didn’t persecute jews until partnering with Hitler in the late 1930s. Attack the lower classes.

Question 21

Rise of Fascism in Italy
Corporatist Economy

Answer 21

State managed national corporations that would centralize control of production. Only a small group could actually guide the economy efficiency. Consumer goods were in the control of corporatists but didn’t know what they were doing. Worker interests were better pay, and private industry interests were to make more money

Question 22

Rise of Fascism in Germany
Impact of WWI on Germany

Answer 22

Germany had to pay 33 billion in reparations. GB and France were dependent on the money to repair countries. Dawes plan was the idea that the US would loan money to germany for them to pay reparations until it collapses and germany can’t pay reparations.

Question 23

Rise of Fascism in Germany
Rise to power

Answer 23

Focus becomes on ethno nationalism movements focused on chauvinism and xenophobia, saying their ethnic group is superior. They needed a dictator who is charismatic. Blames jews on the war, joining NSGWP (Nazi). Gains followers and grows nazi party. He recaptures the nation using nationalism, repairs economics by rebuilding military and factories. Gives middle class the ability to blame jews and communists Promised to destroy capitalists and unions. In 1933, he becomes chancellor, gaining legitimacy

Question 24

Rise of Fascism in Germany
Suppression of Opposition

Answer 24

He uses jews as a scapegoat for their problems, like they used as blaming jews for the spread of the plague. Hitler made a campaign against minorities and women;s rights. It affected jews, slavs, gypsies, homosexuals, and the disabled. Segregation with stars and ghettos under the Nuremberg laws. The minister for propaganda and media limited printed press. Put loud speakers and radios everywhere.

Question 25

Rise of Fascism in Germany
Corporatist Economy

Answer 25

It is state managed national corporations that centralize control of production. Used fear and nationalism to keep workers working. Consumer goods are in corporatist control. Private industry interest to make money and worker interests were better pay. They pass tariffs, outlaw strikes, unions, communism.

Question 26

Rise of Fascism in Germany
Attacks on Ethnic Minorites

Answer 26

Jews, slavs, gypsies, homosexuals, and disabilities were persecuted and attacked. They were fired from government jobs, segregated under the nuremberg laws. German women just stay at home and have male babies. Jewish man/christian women accused of having intimate relations must carry signs describing their crime as public humiliation.

Question 27

Corporatism in Japan
Desire for Government in the Economy

Answer 27

There was rapid economic growth from the 1920s to 1930s, creating inflation, leading to labor unrest. It was militarists vs. supporters of the gov. Depression causes more labor unrest and civilians lose control of the government

Question 28

Corporatism in Japan
Solution to Depression

Answer 28

At first it was to do nothing. US stock market crash hurt japan as the Daws Plan collapses since they were heavy trading partners. The Zaibatsu (business men) wanted to increase trade and militarists thought conquest will end depression. The two groups come together to create full empoloyemnt in military or war factories, gaining new raw materials and markets, using nationalism to unite people

Question 29

Corporatism in Japan
Pan-asian Nationalism

Answer 29

Start to believe that japanese are superior race and will unit East Asians and kick Europeans out

Question 30

Stalin’s 5 year Plans
Goal

Answer 30

o create a command economy to takeover all farms and factories, controlling prices, products, and production.

Question 31

Stalin’s 5 year plans
Focus

Answer 31

Focused on heavy industry, creating steel and machinery at the expense of consumer goods for the people

Question 32

Stalin’s 5 Year plan
Collective Farms

Answer 32

there were peasant farts to produce goods to feel the whole population. However, some wealthy peasants refuses to leave for collective farms and stalin would kill those people.

Question 33

Stalin’s 5 Year Plan
Success

Answer 33

Stalin never reaches his high production goal, and people are unhappy with the few consumer goods or food. 3 million peasants died of starvation. Full employment was the only positive.

Question 34

Stalin’s 5 Year Plan
Women

Answer 34

Women gain economic equality because they are also required to work to rebuild Russia