Responses to the Great Depression (Soviet Union (Joseph Stalin , Vladimir…
Responses to the Great Depression
Franklin D. Roosevelt
Type of government: Democracy
The crash of 1929
: Many people started to invest their money in stocks. But by this time there were signs of economic slowing which worried experts that stock prices were overvalued. Stock prices then fell because of the wave of panic settling on New York. This happened on what is called Black Thursday or October 24th. Investors watched while all of their money disappeared. Thousands of people lost all of their life savings and even by the end of that day 11 financiers had committed suicide. This process became worse with the introduction of loans.
Smoot-Hawley Tariff Act of 1930
Social Conditions for Americans
The New Deal
American Economic Contradiction
Consumers could no longer purchase the amount of goods being produced. This led to the lay off of worker and cutbacks in production. Demand for products got cut back even more with not as many people employed. Industrialization fell to half the production as before and many banks went out of business. This led to it circling around to other economies around the world.
Vladimir Ilyich Lenin
type of government: Communism
This was a process in which the Bolshevik government controlled the banks, industry and other private commercial properties. Estates and land of churches became national property. But exempt poor peasants property from confiscation. This was unpopular especially when the government took crops from peasants to feed to the people in the cities and by 1920 there was little production, industrial or agricultural, going on.
New Economic Policy (NEP)
The Great Purge
Fascism within Italy
The Fascist State
Hitler's rise to power
German Totalitarian government under Hitler
Nazi Party began in the 1920's as a anti-capitilist party that soon transformed into an anti-Semitic party in an effort to gain more supporters. The Nazis wanted to improve Germany by broad social welfare programs and collective subordination of individual rights. The Holocaust and other discriminations against minorities were a result of the misguided Nazi party's attempt to keep the "master race" pure and strong.
The Racial State
Women in Nazi Germany