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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
nationalism gained support
Wilson’s Fourteen Points
recognised the right of self-determination
of peoples from defeated empires
new states emerged
Second International dissolved
socialist parties not same opinion
socialist movement split
COMMUNISM appeared
A DIFFICULT RECOVERY AFTER THE GREAT WAR
ECONOMIC CRISIS
destruction and financial desorder
low production rates
currency (money used in a country) devaluation
unemployment
social problems
Germany couldn't pay war reparations
treaty of Versailles
France occupied the Ruhr Valley
to guarantee the payment
Germany'd main mining and industrial region
worsened German economic crisis
obligation to pay debt
led to circulate huge amounts of paper
INFLATION
increase in the prices of goods and services
economic and moral ruin of the country
UNited States helped to get out of HYPERINFLATION
THE ROARING TWENTIES
League of Nations
promote peaceful, open and balanced diplomacy (relation between countries)
overcome many difficulties
French occupation of the Ruhr Valley
US never joined
Germany and Soviet Union later joined
Prosperity of the US
development of industry
people had access to consumer goods
