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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
Allowed new states
To emerge
The socialist movement
Split
Communism appeared
Widely accepted
By revolutionary socialists
A DIFFICULT RECOVERY AFTER THE GREAT WAR
Economic crisis
A lot of destruction
Financial disorder
This led to
Low production rates
Currency devaluation
Unemployment
Social problems
Germany
Couldn't pay war reparations
Imposed by the Treaty of Versailles
To guarantee the payment
France occupied
The Ruhr Valley
Germany’s main
Mining and industrial region
Worsened the German
Economic crisis
Led the German government
To circulate huge amounts
Of paper money
Hyperinflation
THE ROARING TWENTIES
The League of Nations
Was established to promote
Peaceful, open and balanced diplomacy
Overcomed many difficulties
International relations
Were very tense
The French
Occupied the Ruhr Valley
The United States
Never joined
Later admitted
Germany and the Soviet Union
Prosperity of the United States
Causes
Development of industry
Increased exports
Repayment of credit
Given to Europe
Credit granted to Europe
To rebuild the continent
Financial operations
On the stock market
Consequences
People had access
To consumer goods
Household appliances
Cars