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The economy in the inter-war years, image, image, image, image, image -…
The economy in the inter-war years
POST-WAR CRISIS
high levels of debt
loans
shortage of products
increase in prices
Germany
war reparations
hyperinflation
The suffragist movement
The suffragist movement
International Women's Day
Russia, Great Britain, Poland, the Netherlands and Austria in 1918
Germany and Belgium in 1919
Czechoslovakia and the USA in 1920.
RECOVERY IN THE 1920S
The United States and Japan were the first countries to recover
Dawes Plan
roaring twenties
Consumerism grew again
THE WALL STREET CRASH OF 1929
Wall Street stock market in New York collapsed
Industrial overproduction
American industry had increased production in order to supply Europe(during WWI)
Agricultural overproduction
the American agricultural system had increased its production (during war)
Speculation on the stock market and excessive bank credit
during the period of prosperity, companies and individuals bought shares in companies
THE GREAT DEPRESSION OF THE 1930S
The Great Depression of the 1930s began with the Wall Street Crash of 1929
Companies closed
Wages fell
world economy was affected
decrease in the standard of living
Attempts at a solution: the New Deal
subsidies to agricultural producers
carry out public works
limit agricultural and industrial production
establish government control of the stock market to avoid the large scale sale of shares
minimum wage and provide unemployment compensation
