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FROM A HARSH POST-WAR PERIOD TO THE ROARING TWENTIES, league of nations,…
FROM A HARSH POST-WAR PERIOD TO THE ROARING TWENTIES
THE IDEOLOGIES OF THE POST-WAR PERIOD
Nationalism
Wilson’s Fourteen Points
supported it
right to self-determination
to people from defeated empires
consequences
new states emerged
Communism
appearance
when the socialist movement split
The Second International was dissolved
different opinions of the Great war
accepted by
revolutionaries
anarchists
A DIFFICULT RECOVERY AFTER THE GREAT WAR
Europe (1918–1925)
a major economic crisis
consequences
currency devaluation
unemployment and social problems
financial disorder
lot of destruction
Germany 1923
couldn't pay war reparations
France occupied Ruhr Valley
mines
industries
consequences
worsened the economic crisis
German government created paper money
not backed by silver or gold
inflation
1 billion percent
hyperinflation
ruin of the country
economically
morally
they get out thanks to the United States
THE ROARING TWENTIES
League of Nations
established in 1919
joined later
Germany
the Soviet Union
promote diplomacy
open
balanced
peaceful
many difficulties
post-war period
tense international relations
Prosperity of the United States
development in industry
more exports
repayment of credit given to Europe
during and after the war
financial operations on the stock market
the American way of life
people had access to consumers goods
did not spread to Europe until the World War II
