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Europe Post-WWI

Europe Post-WWI. Economic Uncertainty. Only Japan & U.S.A emerged from WWI financially stable U.S. Loans Nearly every European nation is bankrupt, and Europe’s domination in world affairs declines. Ineffective Government . Fledgling Democracies in Germany, and Austro-Hungarian countries.

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Europe Post-WWI

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  1. Europe Post-WWI

  2. Economic Uncertainty • Only Japan & U.S.A emerged from WWI financially stable • U.S. Loans • Nearly every European nation is bankrupt, and Europe’s domination in world affairs declines.

  3. Ineffective Government • Fledgling Democracies in Germany, and Austro-Hungarian countries. • Parliamentary countries with too many parties (France, Italy) • Weimar Republic • Coalition governments pave the way for authoritarian leaders later

  4. Weimar Problems • No German tradition of democracy • Too many parties to effectively govern • Blame by people for losing wwi, and accepting the Treaty of Versailles

  5. German Economy • Hyper Inflation: By 1923 $1=4 trillion Marks • Dawes Plan: $200M loan from the U.S. Rescheduled reparations payments. • Dawes plan works

  6. Lasting Peace? • France & Germany agree to never make war against each other again • Germany is admitted to the League of Nations • Kellogg-Briand peace pact: “Renounce war as an instrument of national policy”

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