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INTER-WARS ECONOMY, image, image, image, image, image, image, image, image…
INTER-WARS ECONOMY
Post-war crisis
Significant crisis
Products shortage
Increased prices
Systems
Transport
Factories
Agricultural land destruction
Dept high levels
Intended pay war costs
United States loans
Consequences
Hyperinflation
Basic goods required
Large money amounts needed
Germany
Pay war reparations
Most affected countries
Period between
1923
1918
What?
Various phases
Which?
1920s recovery
Wall Street Crash (1929) :
1930s Great Depression
Post-war crisis
Who?
United States
European countries economy
During 1918-39
Second World War
First World War
1920s recovery
Dawes plan
Took place in Germany
In 1924
Approved by USA
Roaring twenties
World economy
Grew steadily
Recover
Mid 1920s
What?
War devastated industries
Help European countries
Recover from crisis
Japan
United States
Wall street case
Causes
Agricultural overproduction
More land cultivation
Farmers ruined
American system increased
Speculations
Companies and people
Loans from bank
Obtained credits
Bought shares companies
Industrial production
Supply
Consumption decreased
American industry had increased
Banks collapsed
Millions citizens ruined
5000 closed
What?
Great Depression (1930s)
Wall Street
In 1929
Stock market collapsed
1930s Great Depression
Spread the crisis
USA stopped investing
Europe and the World
Consequences
Wages fell
Million people
Government support
Live charity
Unemployment increased
World economy affected
Save natural production
Adopted protectionist measures
USA reduced imports
Companies closed
Banks collapsed
Credit lack
Fall in sales
Standard living decreased
Liberal capital system
Blamed the crisis
Generated discontent
What?
Fall in prices
Prosperity ended
How?
Continued for decade
Wall Street Crash began