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Reconstruction and Prosperity • The world experienced a short recession immediately following World War I • The later 1920’s were generally a period of global prosperity Ford Model T Put the entire world on wheels Causes of The Great Depression • Overproduction --more products available than people can purchase • Speculation -- borrow money to invest and make quick profit • Lead to the Stock Market Crash of 1929 Depression—an economic downturn in which large numbers of businesses fail and workers are unemployed The Great Depression • The interrelationship of loans and debts helped the depression spread from the U.S. to Europe then to the rest of the world • Most leaders reacted poorly (stopped spending, cut off trade, and tightened credit) • Franklin Roosevelt (US)—used New Deal to put people to work on public works projects German Breadlines Japanese children eating radish roots during famine Fascism • A political ideology that developed after World War I • Fascists believe in: • extreme nationalism (nation superiority) -unite all social classes (strong over weak) • glorified violence and racism(defeat opponents and expand country) • opposed socialism and democracy • Blind obedience to a strong (all powerful) leader who expressed the national will The Rise of Fascism • In Italy, Benito Mussolini, comes to power creating a totalitarian state in 1922 Totalitarianism—dictator or political party controls all aspects of life The Rise of Fascism • In Germany, Adolf Hitler, becomes leader of fascist party known as the Nazi’s Wrote Mein Kampf stated: Germans were superior race and Jews were the major cause of Germany’s problems The Nazi Rise of Dictatorship In Germany • In Germany, millions of workers lost their jobs in the Great Depression • German people (all classes) turn turned to the Nazi Party to help Election date Votes in millions Share May 20, 1928 0.81 2.6% September 14, 1930 6.41 18.3% July 31, 1932 13.75 37.3% November 6, 1932 11.74 33.1% March 5, 1933 17.28 43.9% The Nazi Rise of Dictatorship In Germany Hitler’s uses Nazi message of: *weak Weimar republic *harsh Versailles Treaty Lost—but not forgotten country. Into the heart You are to dig yourself these words as into stone: Which we have lost may not be truly lost! The Nazi Rise of Dictatorship In Germany *anti-communism *anti-Semitism *blaming Jews for defeat in WWI --In 1933, Hitler becomes Chancellor of Germany Nazism (National Socialism) • In 1933 Hitler and Nazi Party: -eliminate all political rivals -restricts Jews in business and education -begin a massive rebuilding of the military -public projects to stimulate the economy -used terror with Gestapo (secret police) -Build concentration camps The Origins of World War II The War in Europe The War in Asia The Global Impact of World War II