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DEFINE AND MEMORIZE THE FOLLOWING TERMS AND THEIR
MEANINGS: DEPRESSION, NEW DEAL, COLLECTIVE
BARGAINING, DEFICIT SPENDING, SURREALISM, UNCERTAINTY
PRINCIPLE, TOTALITARIAN STATE, FASCISM, COLLECTIVIZATION,
NAZI, CONCENTRATION CAMP, ARYAN
IDENTIFY THE FOLLOWING INDIVIDUALS AS THAT RELATE TO THE
PERIOD BETWEEN THE FIRST AND SECOND WORLD WARS:
FRANKLIN D. ROOSEVELT, BENITO MUSSOLINI, FRANCISCO
FRANCO, ADOLF HITLER
THE WEST BETWEEN THE WARS
1919-1939
THE UNITED STATES IN THE 1920SPROSPERITY AND DECLINE
1919-1929
Prosperity and Purchasing Power in the U.S.
1. Expansion
of the auto industry
2. Expansion of construction
3. New consumer products
 Electrification
of America
 Durable Products
 Non-durable products
4. Introduction
of mass advertising
 America’s
increasing literacy
 Proliferation of radios
5. Creation
of new industries
6. Installment buying
7. Efficiency of production
 Transition
from steam power to electric power
 Decrease in per-unit cost of manufactured items
The Coming of the Great Depression
1. Poor
Distribution of Income
 1929
1% of U.S. pop. – 60% of nation’s wealth
 Low wages? Corporate profit?
 Corporate profits spent on speculative buying
2. Decline
in auto production and construction
3. Technological unemployment
 Increased
production but no pay increases
4. Weaknesses
 8,000
in corporate structure
businesses disappeared
5. Defects
in the banking system
6. Agricultural depression
 overproduction
 1919-1929
income for farmers decline
 inability to pay debts = foreclosures
7.
Sick Industries

8.
Textiles, coal, railroads
Stock Market Crash

bull market- prices are rising

bear market- prices are falling

marginal buying- 5-10% down on stock

confidence lost
* All of these factors contributed to a major loss
in consumer purchasing power, facilitating
low economic activity and rising
unemployment (economic depression).
THE RISE OF TOTALITARIAN
REGIMES IN EUROPE
1919-1939
KEY EVENTS
Europe
faced severe economic problems
after World War I, including inflation and the
Great Depression.
Dictatorial
regimes began to spread into Italy,
Germany, and across eastern Europe.
UNEASY PEACE & UNCERTAIN SECURITY
 The
peace settlement at the end of World War I created
repeated border disputes among new nations and left
many Germans determined to change the terms of the
Treaty of Versailles.
 Though
President Wilson and others hoped that the
League of Nations could solve many of the new conflicts,
the league was not able to maintain peace.
THE LEAGUE OF NATIONS?
 The
United States never ratified the Treaty of
Versailles and could not become a member of the
League of Nations.
 Americans
affairs.
did not want to be involved in European
 The
remaining league members could not agree to
use force against aggression.
 The
French demanded that the Treaty of Versailles
be strictly enforced.
 Germany’s
inability to pay back the $33 billion that
was required.
 French
occupation of the Ruhr Valley
GERMANY AFTER THE WAR
 People
suffered under the high inflation.
 Economic problems resulted in political unrest in
Germany.
 The Dawes Plan began by reducing reparation
payments and coordinating Germany’s payments
with what the nation could afford.
$200 million loan
 American investments
 economic recovery 1924-1929.

 As
Germany began to recover, the French and
Germans became more cooperative.
Treaty of Locarno, 1925
 German membership in the League of Nations, 1926
 Kellogg-Briand Pact

 While
Germany had been forced to reduce its
military, no other European nation was willing to
take this step.
THE GREAT DEPRESSION
 The
brief period of European prosperity ended in
1929 with the onset of the Great Depression.
 During
a depression there is very low economic
activity and high unemployment.
Two Main Causes for the Great Depression:
•
Economic failures during the second half of the 1920s.
•
The collapse of the U.S. stock market in 1929.
 Since
1924, Germany had been borrowing money
from U.S. banks to make reparations payments.
 After
the stock market crashed, American investors
pulled their money out of Germany.
Responses to the Depression
Governments
the crisis.
did not know how to deal with
The
Depression increased government activity
in the economy.
It
drove new energy into Marxist doctrines.
The
Great Depression created conditions
which led people to follow political leaders
who proposed simple solutions in return for
complete power.
POST-WWI DEMOCRATIC STATES
The
•
Weimar Republic (Germany)
Created in 1918
France
Great
Britain
United
States
THE UNITED STATES

Woodrow Wilson’s League of Nations



The United States came out of the war in better condition than its
allies.

No battles on American soil

Fewer casualties than its allies
The war and U.S. economy


Republican opposition in the House and Senate
The U.S. economy remained strong until 1929

Debtor to Creditor status

1920s prosperity and production in the U.S.
Stock Market Speculation


Stock Market Crash

Tuesday, October 29, 1929

Business and bank failures

Drop in sales and production

Wages fell and workers were cut

Massive unemployment

By 1933, ¼ of nation’s workforce unemployed

Dawes Plan
President Franklin D. Roosevelt and the New Deal

1932, elected on the promised that he would provide a “new deal”
for the American people.

First Hundred Days

Restored the nation’s confidence
GREAT BRITAIN


Britain’s loss of economic status

Britain lost its status in world trade

British colonies

Creditor to Debtor status

U.S. and Japan
Britain’s factories were outdated

U.S. and Japan

1926 General Strike

1932 ¼ of British were unemployed
FRANCE


After the war, France was in worse shape than Britain

Loss of farmland and forests

Destruction of villages and cities

Tremendous casualties
Severe Economic Problems

High unemployment and inflation

Government on the verge of bankruptcy

Inability to rebuild economic infrastructure

Bleak Political Picture

Desire to prevent another war

Locarno Agreements (1925)

Maginot Line
FASCIST DICTATORSHIP IN EUROPE
Benito
Italy
Adolf
Mussolini and the Fascist Party in
Hitler and the Nazi Party in Germany
FASCISM IN ITALY

Post-war Dissatisfaction



Empty Allied promises
Economic Problems

High debts incurred during the war

Few jobs for returning soldiers

Lack of industrial resources

No markets for products
Benito Mussolini

b. 1883

Working-class background

Worked as a journalist

Formed the Fascist Party (Fasci di Combattimento) in 1919

Fascism- political philosophy that advocates glorification of the
state, a single-party system, and an aggressive form of
nationalism.

Totalitarian- of or relating to a political regime based on
subjugation of the individual to the state and strict control of all
aspects of the life and productive capacity of the nation (often
by coercive means such as censorship and terrorism)


Fascism was a totalitarian form of government.

The state had absolute power

Defended private property and class structure

The cause of the nation was most important

War and conquest were considered essential to achieving
nationalistic goals
Mussolini’s rise to power

Steady degradation of Italy’s economy after the war

Widespread social unrest throughout Italy (urban and rural)
 Middle-class

worries?
Mussolini offered reforms to appease all groups


Mussolini’s promises

To landowners and the middle-class he promised to end social
unrest and protect private property.

To workers he promised full employment and workers benefits.

To nationalists he promised to restore Italy to its former
greatness.
Fascism was a major force in Italy by 1921


The Blackshirts were Mussolini’s followers; they used violence to
deter political opponents and promote the Fascist Party’s
policies
In 1922, the Fascists invaded Rome

King Victor Emmanuel III of Italy
 Dictatorship-
a form of government in which absolute
power is concentrated in a dictator (one enjoying
complete autocratic control) of a small regime.

Dictatorship in Italy

The end to democratic rule in Italy


1924 Elections

Mussolini (Il Duce)

Government reorganization

Banned non-fascist parties

Formed syndicates
Fascist Opposition and Support

“The masses must obey. They cannot afford to waste time
searching for the truth.”
Mussolini and Italy

Reduced Italian unemployment through a military rebuilding
program

Renewed Italian spirit of nationalism and patriotism

Vowed to recapture for Italy the former glory of ancient Rome
NAZI GERMANY


The Weimar Republic

Germany elected delegates to a national assembly in 1919

The assembly drafted a constitution that provided for a democratic
republic

The republic was called the Weimar Republic (1919-1933)

Opposition to the newly formed republic?
Reparations and the Treaty of Versailles

France and Great Britain demanded payment

Allied bill for the cost of the war- $35 billion

Economic problems in Germany. In 1922, Germany announced
that it could not pay.

French occupation of Germany’s Ruhr Valley (1923)

German workers went on strike (paid by government)


How did Germany’s government (the Weimar Republic)
plan to meet its growing expenses?

Inflation (printing large quantities of money)

1914, $1 U.S. Dollar = 4 German Marks

1924, $1 U.S. Dollar = 4 trillion German Marks
Dawes Plan (1924)

Compromise with Allies that eased Germany’s reparations
payments

American loans ushered in a 5-year period of relative prosperity (
but also created a German economy dependant on foreign
markets)

Nevertheless, discontent still loomed overhead.
THE GERMAN PEOPLE AND THE NAZIS
1.
What problems did your person face during the 1920s and 1930s in Germany? What sort of
regime or governmental system would seem most likely to solve his or her immediate
problem?

Herman Struts

Karin Hauptmann

Eric von Ronheim

Karl Schmidt

Lotte von Kohler

Wilhelm Schultz

Gerda Munchen
2.
What problems did the Weimar Republic face? How might these problems have aided the
rise of Hitler?
 The
Rise of Nazism

 Adolf
 The
The National Socialist German Workers Party (NSDAP) or
Nazi Party
Hitler

b. 1889 in Austria

Early life of Hitler

Veteran of the First World War

Moved to Munich, Germany, after the war and joined in
what became the Nazi Party

Formed the Brownshirts (Storm Troopers or SA)
Beer Hall Putsch (Nov. 8-9, 1923)

Radical Revolution

Munich, Germany

“The Revolution has begun!”

The coup failed but brought attention to the Nazis

Hitler was sentenced to five years in prison but served only nine
months

Mein Kampf
 Denied
Germany’s fault in losing the war
 Declared
the Germans to be a “master race” (Aryans) with a destiny to
dominate and rule the world
 Hitler
as leader of a unified Germany

After the unsuccessful Beer Hall Putsch Hitler sought the achieve
revolution through legal means (gaining Nazi votes in the
Reichstag)

Resurge in Nazi popularity in 1929

1932, Nazi Party gained a majority of votes in the Reichstag

January, 1933 President Paul von Hindenburg appointed Hitler his
chancellor (reluctantly)

The Nazis and Hitler began to rise to power through legal means
 Hitler’s
 The
Rise to Power

Hitler desired Germany to become a totalitarian state

Hitler called a new election

The Burning of the Reichstag Building (blamed on the
Communists)

1933 Election
Jews

Jews in Germany suffered bitter attacks

Nuremberg Laws, September 15, 1935

Kristallnacht, November 9, 1938

Concentration Camps
 Hitler
as Dictator (Der Führer)

The Third Reich

Germany’s rearmament
The
provisions of the Treaty of Versailles were ignored
German
factories began to manufacture guns,
ammunition, airplanes, tanks and other weapons
The
press was used (propaganda) to retain support
for the Nazi cause
Propaganda
emphasized a strong military and
devotion to the nation and its leader