The roots of the Great Depression go farther back than the great stock market crash of 1929
The Great Depression had a devastating Impact, banks were failing, national production was cut in half and nearly ¼ of the labor force was unemployed
The long term effects of the economies credibility was devastating for recovery
American were desperate for reform and order which caused a movement towards a stronger central government
Into the Economic Abyss The Economy since the Industrial Revolution had increasing technology, uneven economic growth and an increase of “globalization” The dramatic recession of the US economy effected every great nation Which made matters worse unemployment reliefs did not exist or were very meager The Great Slump was the most traumatic event in the history of capitalism and destroyed economic liberalism for half a century The Social Security Act of 1935 was passed which was an example of creating modern welfare systems
By the middle of the 1930’s most states politics had changed substantially from what they had before the crash.
The war not only created its position as the greatest industrial producer but as the world greatest creditor as well
At the Versailles peace conference (1919) undefined payment were imposed on Germany for the costs and damage from the war
The world continued to remain in a Depression with the hardest hit, the US, until the emerge of World War II.
Roosevelt and Hitler: The New Deal and Nazi Reactions to the Depression Similarities Roosevelt and Hitler came to power at the same time and both leaders formed a type of capitalism Both preceded unpopular leaders that were unable to deal with the deepening Depression Both symbolized “Energy and Commitment” and improvised policymaking Both Economic policies were similar and began creating a form of “corporatism” Both leaders formed Government work programs such as youth camps and were excellent at public speaking
Roosevelt and Hitler: The New Deal and Nazi Reactions to the Depression Differences Differences
There were also significant differences between the goal of the Americans and Socialists agricultural policies
The New Deal was more successful in solving farm problems in regards to modernization
Nazi efforts were more successful on behalf of farm laborers
The pressures applied by Nazis and New Dealers with degree and intensity were very different
World War IIAn Ocean Apart: The Anglo-American Relation on the Eve of War
Winston Churchill dubbed World War II an “unnecessary war” and would have never happened if Britain and America stood up to dictators in the 1930’s.
Britain wanted to maintain a delicate balance in regards to foreign affairs and aim was to have the least amount of enemies.
Chamberlain, Prime Minister, reached personal agreements with Hitler and Mussolini.
After Britain and France declared war on Germany Americans still remained neutral.
World War IIAn Ocean Apart
Britain was left in a war with no where to turn except America
Americans agreed to lend Battle ship destroyers for the ability to build naval bases for British possessions
Roosevelt’s reaction to the war states “The best immediate defense of the United States is the success of Great Britain in defending itself.”
They agreed the only way to stay out of the war was to not let Hitler win so they agreed to lend Britain money
World War IIAn Ocean Apart Roosevelt still resisted a declaration of war and instead proposed joint war aims America still remained neutral until September 4th when a U-boat attacked a US destroyer and the US declared war American suffered much less casualties and financial obligations than other countries and the war time production lifted the US out of the Depression
Race War:American and Japanese Perceptions of the Enemy
Americans dehumanized the Japanese through propaganda since it tends to be more desirable in combat
Before Pearl Harbor westerners believed Japanese couldn’t shoot, sail, or fly very well. Almost everything was a shock in regards to the attack
Racism also changed the Japanese perception of themselves. Even when we commended them for there accomplishments in “westernizing” they were still painfully aware the rest still viewed them as immature and unstable.
Japanese racism towards whites was less subtle and focused more on glorifying themselves
Race War: American and Japanese Perception of the Enemy
The Japanese stuck with images of a demon or the devil when referring to Americans
Even after all of the racial hatred between Japan and America, the two countries turned cordial after Japan’s surrender
More racists stereotypes emerged even after peace was made. It reinforced the concert of Western superiority
The great change towards Japanese perception became apparent in 1970 when the country became an economic super power.