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FROM A HARSH POST-WAR PERIOD TO THE ROARING TWENTIES, image, image, image,…
FROM A HARSH POST-WAR PERIOD TO THE ROARING TWENTIES
THE IDEOLOGIES OF THE POST-WAR PERIOD
socialist movement split
ideology of communism appeared
Second International dissolved
socialist parties not share the same opinion of Great War
Nationalism gain support (Wilson's 14 Points)
A DIFFICULT RECOVERY AFTER THE GREAT WAR
unemployment
social problems
currency devaluation
France occupied the Ruhr Valley
main mining and industrial region
to guarantee Germany's payment
low production rates
Inflation rose to 1 billion percent in 1923
post-war Europe (1918–1925): economic crisis
get out of hyperinflation with the United States
THE ROARING TWENTIES
recovery of the economy, production levels improved
prosperity of the United States
repayment of credit given to Europe
increased exports
credit to Europe to rebuild the continent (repay)
development of industry
European countries sign the Pact of Locarno (1925)
promise to respect them
to recognise the borders drawn after World War I
people had access to consumer goods
houses
cars
League of Nations (1919): promote peaceful, open and balanced diplomacy
OIHANE TXARROALDE 4.E
