Responses to the Great Depression (Germany (The racial state nazi racism …
Responses to the Great Depression
Franklin D Roosevelt
Government type: Democratic Republic with checks and balances
The Crash of 1929 happened after the Great War. There was an economic boom and many people invested in stocks.Then, on Black Thursday, as the world economy slowed, many people frantically sold their stocks causing prices to plummet.
American economic contraction: There was a decrease in business activity, wages, and employment.There were also cutbacks in production, which caused layoffs because there was less demand for products. This caused the national income to be cut in half and the United States relied on exports of manufactured goods.
Smoot-Hawley Tariff Act of 1930
Keynesian Economics: Keynes said that the cause of the Great Depression was inadequate demand not excessive supply.He said that the government needed to establish public works projects to provide jobs
The New Deal
Lenin and Stalin
Soviet Union Flag
Type of government: Totalitarianism and Socialist State
War Communism was the way the Bolsheviks tried to nationalize and take all private land during the civil war. Because of all the chaos war communism created, Lenin decided to reverse it.
After the reversal of war communism, Lenin established the New Economic Policy. He created a minor market economy by allowing peasants to sell surpluses and restoring private enterprises.
Type of Government: Fascism- a dictatorship that suppressed opposition and strictly controlled the social and economic life in order to obtain peace and control
Totalitarianism- this is a dictatorship in which one figure has complete control over the government and the military
National Socialism- this is a form of fascism where they use scientific racism and antisemitism to shape society
Hitler's rise to power- After the war, the Germans had to pay for the entire war and lost a bunch of land. There was a depression and Hitler used the Jews as a scapegoat for these problems and became a leader on the promise of making the economy better also he ran for president and was eventually named dictator in case of emergy
The racial state
Women and Race- They were supposed to be blonde, pretty, tall, lean, and still robust
Nuremberg Laws- they were racial laws that were prevalent to the Nazi ideology. They supported things like no marriage between German Jews and Riech citizens