Futile Search

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Futile Search

  1. 1. Futile Search for Stability Objective: Cover the political and social developments after WWI
  2. 2. Uneasy Peace <ul><li>After WWI border disputes breakout among new nations </li></ul><ul><li>League of Nations was ineffective </li></ul><ul><li>U.S. never join league </li></ul><ul><li>League could not use military force only sanctions </li></ul>
  3. 3. Reparation <ul><li>French wanted strict enforcement of Treaty of Versailles </li></ul><ul><li>Germans could no longer repay the 33 billion owed </li></ul><ul><li>French army invades Ruhr Valley to operate German industries themselves </li></ul><ul><li>German workers go on strike in protest </li></ul>
  4. 4. German Economic Crisis <ul><li>To pay strikers government prints more money </li></ul><ul><li>Greatly devalues German Mark (dollar) </li></ul><ul><li>Huge inflation meant people suffered greatly </li></ul><ul><li>Dawes Plan helped by reducing payments Germany had to make to Allies </li></ul><ul><li>Plan loaned Germany 200 million and America invest heavily </li></ul>
  5. 5. Recovery <ul><li>As Germany recovers relations between Germany and France improve </li></ul><ul><li>In 1926 Germany joins League of Nations </li></ul><ul><li>In 1928 Germany signs Kellogg-Briand Pact with 63 other nations </li></ul><ul><li>Pact renounce war as an instrument of national policy. </li></ul>
  6. 6. Great Depression <ul><li>Ended European prosperity </li></ul><ul><li>Two main causes of depression was </li></ul><ul><ul><li>1. Downturn in the economies of nations during second half of the 1920’s </li></ul></ul><ul><ul><li>2. Collapse of U.S. stock market in 1929 </li></ul></ul><ul><ul><li>As the economy slowed millions lost their jobs </li></ul></ul>
  7. 7. Solutions to the Great Depression <ul><li>Englishman John Maynard Keynes argued that unemployment came from lack of demand not overproduction </li></ul><ul><li>American Franklin Delano Roosevelt came up with a government program called the New Deal </li></ul><ul><li>New Deal put millions to work building public projects like roads, bridges, dams, and schools </li></ul>

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