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FROM A HARSH POST-WAR TO THE ROARING TWENTIES, image, image, image, image,…
FROM A HARSH POST-WAR TO THE ROARING TWENTIES
The ideologies of the post-war period
nationalism
recognised the right to self-determination
from defeated empires
allowed new states to emerge
communism
accepted by
revolutionary socialists
some anarchists
A difficult recovery after the great war
first years in post-war Europe
1918-1925
major economic crisis
1923
Germany could not pay war reparations
Frace occupied Ruhr Valley
main mining, industrial region
worsen German economic crisis
circulate huge amounts of paper money
Inflation
price of goods and services rose
get out of hyperrinflation
help from United States
The roaring twenties
League of nations
stablished 1919
many difficulties
international relations were tense
French occupation of Ruhr Valley
Unites States never joined
admitted later
Germany
Soviet Union
prosperity of the United States
due to
dvelopment of industry
increased exports
repayment of credit given to Europe
financial operations on the stock market
people had access to consumer goods
