2. ISOLATIONISM
Reasons for the USA’s return to isolationism: fear of war; fear of other
countries meddling in US affairs.
Implications: undermined the peace settlement and League of Nations.
3. WARDEBTS
Implications of US insistence on the repayment of war debts:
economic problems for France, Britain and Italy; their ability to repay
debts depended on Germany keeping up reparations payments; this
explains the USA’s willingness to solve the reparations issue (e.g. Dawes
and Young Plans).
4. THEWALLSTREETCRASH
Causes: selling of shares; ‘Black Friday’; effects in USA.
International effects: Wall Street Crash affected the economies of all
countries.
Implications: worldwide problems resulting from the crash.