Pre- WW2 Conflict Flashcards
Causes of Great Depression
Farms overproducing, prices dropping, farmers losing money, US stops investing in Europe, US Stock Market crashing
Responses to Great Depression
Gov’ts lower wages and trade less
Communism popularizes
Dictators popularize
John Maynard Keynes
Argued for more gov’t paid jobs, deficit spending
New Deal
gov’t pays workers to build roads, bridges, post offices, air ports; Social Security; over 10 mil still unemployed
Hyperinflation
Drastic decrease in value of money
Reason for German hyperinflation
German gov’t printed too much money to pay off debt from reparations
U.S. Dawes Plan
reduced Germany’s payments, gave Germany loans, provided short prosperity
Main weakness of League of Nations
no military to enforce rules
Ruhr Valley
France invaded because Germany did not pay reparations
Treaty of Locarno
agreed on French- German borders
Kellogg-Braind Pact
63 nations sighed to not use war as foreign policy
Only democracies in Europe by 1939
GB and France
Totalitarian state
gov’t controls political, economic, and social lives of citizens
Dictator of Italy
Benito Mussolini
Fascism
gov’t controls people and eliminated opposition.