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FROM A HARSH POST-WAR PERIOD TO THE ROARING TWENTIES - Coggle Diagram
FROM A HARSH POST-WAR PERIOD TO THE ROARING TWENTIES
The ideologies of the post-war period
Several ideologies were reinforced
after the WWI
Nationalism gained support
in Wilson’s Fourteen Points
it recognised the right
to self-determination of peoples
from defeated empires
This allowed new states
to emerge
The Second International
was disolved
because socialist parties
didn't share the same opinions
of WWI
socialist movement split
ideology of communism appeared
It was widely accepted by
revolutionary socialists
some anarchists
A difficult recovery after The Great War
first years in post-war Europe
marked by a major economic crisis
There was still
a lot of destruction
financial disorder
this led to
currency devaluation
unemployment
low production rates
social problems
In 1923
Germany could not pay war reparations
imposed by the Treaty of Versailles
To guarantee the payment
France occupied the Ruhr Valley
Germany’s main
Mining
Industrial
region
This worsened German economic crisis
The obligation to pay the debt
led German government
to circulate huge amounts
of paper money
Inflation
general increase in the prices
of goods and services
rose to 1 billion percent
in 1923
This led to
economic
moral
ruin of the country
They managed to get out
of hyperinflation
with help from the United States
The roaring twenties
League of Nations was established
in 1919
to promote
open
diplomacy
balanced
peaceful
It had to overcome
many difficulties
In the first post-war period
international relations
were very tense
shown by the French occupation
of the Ruhr Valley
United States never joined
and
Germany
were admitted later
Soviet Union
The prosperity of the United States
was due to
development of industry
increased exports
repayment of credit given to Europe
during the conflict
credit granted to Europe
to rebuild the continent
financial operations
on the stock market
For the first time
people had access
to consumer goods
such as
household appliances
cars
following
‘the American way of life’
which did not spread
to Europe
until after World War II
