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The Interwar: Global Turmoil After WWI

The period between WWI and WWII was marked by economic depression, debt, political unrest, and major shifts in power dynamics worldwide. Nations like Japan, Germany, USA, Britain, France, and Russia faced challenges such as unemployment, public protests, weak military, and inflation, leading to a volatile global landscape.

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The Interwar: Global Turmoil After WWI

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  1. The Interwar! Its like Middle School. Just kinda rough for everyone

  2. Major Players • Japan • Becoming Ultranationalist because they did not receive the territory they wanted from WW I • Looking to expand and invade other nations • Germany • Owed money to most countries and experienced extremely high unemployment (40%) • U.S.A • Loaned almost all nations money to pay war debts • Is one of the big reasons for the worldwide depression

  3. Britain • High degree of public unrest and political Instability • Workers mounted large scale protests and strikes against government factories • France • Extremely weak military—seeking to avoid conflict at all costs • Industrial Production fell by 50%—hurts France , as well as surrounding Nations • Russia • Communist Revolution takes place immediately following war • Country plunges into severe depression • Looking to ally with strong nation to return as a power

  4. Major Events • Worldwide Depression • Unstable Governments throughout World • High Debt: most countries need loans • 1929: U.S. Stock Market Crashes • Trading falls—price of gold falls • Every Major Country in some sort of recession or depression • On average 25% of workers are unemployed

  5. Inflation • Increase in prices and the decrease in purchasing power • Russia: Prices are 4,000,000 times higher • A-H: Prices are 23,000 times higher • Debt • All nations were in debt to someone • Most countries owed the U.S. Money and borrowed from others to pay it

  6. Political Instability • The only country with relative Stability was the U.S. • Most other major countries experienced a major shift in power following WW I • Ex: Russia becomes Communist; Germany becomes Nazi Socialist

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