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THE ECONOMY INN THE INTER-WAR YEARS - Coggle Diagram
THE ECONOMY INN THE INTER-WAR YEARS
during the period between first and second world wars
Europea and United states economies
went trought some phases
recovery in the 1920s
United States and Japan, first to recover from crisis,
their industries weren't devastated by war
United States helped European countries to come out of the crisis
1924 dawes plan( some measures as credits and investment in German industry) applied in Germany by United States
1925on recover, Germany's economy began to recover
able to pay reparations to european
wining counrties who paid loans
united states also helped other European countries by
giving loans
selling consumer good they lacked
AS A RESULT
Europes economy go to better-prospeorus time
known as roaring twenties
society changed
focused on enjoyment
consumerism grew again and sales of consumers
post-war crisis
post-war period- Europe had a economic crisis characterised by
high levels of debt
credits from united states to pay thing of
war, then needed to be repaired
a shortage ofproducts
due to destruction in lands and increase in prices
one of the country that most suffered the crisis-GERMANY
suffered the crissi and needed to pay war reparations
a solution
German government circulated
large quantities of bank notes
as consequence-hiperinflamation
enormous quantity of worthless bank notes in circulation, so needed large amounts of money to buy basic goods
the suffragist movement
at the end of the war, women didn't accept men doing the jobs women were capable to, and they doing same roles as always
women wanted to be allowed to vote
The wall street crash of 1929
1929 wall street stock market in New York collapsed
begining of an economic crisis--great depression
causes of the crisis and the wall street crash
agricultural overporduction
during war American agricultural system
increased its production
Speculation on the stock market and ecessive bank credit
all people bought shells of companies-increased-
started to have problems everyone wanted to shell
industrial overproduction
(WWI)American industry increased
production to supply Europe
after war European industries recover
and bought less from United states
America continued producing-hadn't so much solds
The great depression of the 1930s
began in 1929 wht. wall street crash
this economic crisis led to a fall in prices
ended wth. the prosperity of the roaring twenties
the crisis soon spread around
the world bc. United states stoped helping
consequences
world economy was affected because
the United States reduced imports
a decrease in the standard of living- generating
discontent with the liberal capitalist system
Wages fell and unemployment increased
Companies closed due to a fall in sales and a lack of credit
