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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 in Wilson’s Fourteen Points
The socialist movement split and the ideology of communism appeared
It was widely accepted by revolutionary socialists and some anarchists
The October Revolution and the birth of the Soviet Union inspired the revolutionary workers
This was seen in the short-lived Hungarian Soviet Republic and in the Spartacist Revolt in Berlin
The revolutionaries were crushed and their leaders assassinated
The spartacus league
Was founded in Germany during the final years of World War I
Rosa Luxemburg
Karl Liebknecht
Main leaders
In 1918
It became the Communist Party of Germany
The Spartacist Revolt of 1919 represented a dramatic break with the Socialist Party
Democracy
Spread to many of Europe’s newly independent countries and suffrage was extended to women
In Germany, the Weimar Republic was proclaimed
After the repression of the Spartacists
With the support of the Socialist Party
The Republic’s Constitution included universal suffrage
Effective equality between men and women
Comprehensive declaration of rights
A DIFFICULT RECOVERY AFTER THE GREAT WAR
The first years in post-war Europe were marked by a major economic crisis.
There was still a lot of destruction and financial disorder
This led to low production rates
1923
Germany could not pay war reparations imposed by the Treaty of Versailles
To guarantee the payment
France occupied
Ruhr Valley
Germany’s main mining
Industrial region
This worsened the German economic crisis
The obligation to pay the debt
led the German government to circulate huge amounts of paper money
Inflation
economic and moral ruin of the country
It managed to get out of hyperinflation
with help from the United States
Europe between 1918 and 1925
THE ROARING TWENTIES
The League of Nations was established in 1919 to
open
balanced diplomacy
promote peaceful
In the first post-war period
International relations were very tense
This was shown by the French occupation of the Ruhr Valley
The United States never joined the League of Nations
Germany
were admitted later
the Soviet Union
the League of Nations was necessary to keep the peace
7 European countries signed the Pact of Locarno
The agreement was applied under the umbrella of the League of Nations
in 1926
Germany was allowed to join
The feeling of security was accompanied by the recovery of the economy
Production levels improved compared to previous years
Germany created a new currency and applied deflationary policies
reduced hyperinflation
the United States emerged even stronger from the Great War
The prosperity of the United States was due to the development of industry
people had access to consumer goods
following ‘the American way of life’