Slideshow transcript
Slide 1:THE GREAT DEPRESSION AND COMMUNIST RUSSIA
Slide 2:I. Legacy of WWI & Peace A. By 1922, Germany unable to pay reparations 1. France occupied the heavily industrialized Ruhr valley, using mine and factories to collect money in place of reparations 2. Germany responded by printing more money, lowering the value and increasing inflation 3. Germany plagued with political unrest by those unhappy that Germany agreed to the Versailles Treaty
Slide 3:Map: Ruhr Valley
Slide 4:I. Legacy of WWI & Peace A. 1924, the U.S. Dawes Plan reduced German reparation payments and based payments on the ability of Germany to pay 1. Included a loan of $200 million 2. Heavy U.S. investment in Europe B. 1925, Treaty of Locarno 1. Allowed Germany into the League of Nations
Slide 5:I. Le



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