FROM POST-WAR PERIOD TO THE ROARING TWENTIES
THE IDEOLOGIES OF THE POST-WAR PERIOD
After the Great war
new ideologies
Nationalism
gained support in Wilson's fourteen points
Second International
dissolved
socialist parties
did not share the same opinion
about Great War
appeared
socialist movement split
ideology of communism
DIFFICULT RECOVERY AFTER THE GREAT WAR
first years in post-war Europe
marked by
economic crisis
lot of destruction and financial disorder
currency devaluation
unemployment
low production rates
social problems
1923
Germany could not pay
war represation
guarantee the payment
France occupied the Ruhr Valley
Germany's main
mining
industrial region
German
economic crisis
circulate huge amount of paper money
Inflation
out of the hyperinflation
thanks to United States
THE ROARING TWENTIES
League of nations
established 1919
promote
open and balanced diplomacy
peaceful
overcome many difficulties
international relations
tense
French occupation of the Rhur Vlley
League of Nations
Germany and Soviet Union
United States never joined
admitted later
Prosperity of United States
development of industry
increased exports
repayment of credit given to Europe
people had access to
consumer goods
following the American way of life
