1 / 15

A Worldwide Depression

A Worldwide Depression. Bell-work 3/7. At the top of your Cornell Notes “notes” box, predict what you think the condition of Germany will be after WWI. How will it be a different country than it was before the war? What struggles does will it face? Write at least 3-4 sentences.

bonnieallen
Télécharger la présentation

A Worldwide Depression

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. A Worldwide Depression

  2. Bell-work 3/7 • At the top of your Cornell Notes “notes” box, predict what you think the condition of Germany will be after WWI. How will it be a different country than it was before the war? What struggles does will it face? Write at least 3-4 sentences.

  3. A Worldwide Depression Topic/Objective: Describing postwar conditions in the U.S. and Europe Essential Question: What were the effects of the Great Depression on different countries?

  4. New Democracies • Many countries have formed new democracies • Coalition government • No more absolute rulers

  5. Postwar Economy • Late 1920s – Europe was rebuilding its war-torn countries • WWI left many countries bankrupt • US helped by giving out loans

  6. What’s up with Germany? • Became a democracy- Weimar Republic • Lacked democratic tradition • Many political parties • Germans blamed the Weimar government for the loss in WW1

  7. What’s up with Germany? • Still humiliated and bitter • Didn’t pay for war by raising taxes – just printed more money • To pay back reparations to Allies – printed more money • Money lost value • Loaf of bread in 1918 = less than a mark • In 1923 = 200,000,000,000 marks • America loans Germany $200 million • Dawes plan • Kellogg-Briand Pact

  8. Inflation gone mad! It’s hyperinflation

  9. U.S. Financial Collapse • Overproduction of goods – no one buying them • Factories lay off workers = unemployment • October 29, 1929 – Black Tuesday • Stock market crash! • Banks close, people lose their savings • Great Depression • 1933 – 25% of Americans unemployed

  10. Bank Run!

  11. Effects • Global depression • Americans demand to have their loans paid back – ASAP! • World trade stopped- Import taxes • Every country hurt • Franklin Delano Roosevelt – New Deal • Creates jobs for the unemployed

  12. New Deal: Civilian Conservation Corps

  13. On your own • How did the world try to solve the economic crisis? Use page 474 and take notes on the following: • Britain • France • Socialist Countries • USA

More Related