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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
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
In 1923, Germany could not pay war reparations imposed by the Treaty of Versailles
France occupied the Ruhr Valley, Germany's main mining and industrial region
Inflation rose to 1 billion percent in 1923
This led to the economic and moral ruin of the country
It managed to get out of hyperinflation with help from the United States
The roaring twenties
The League of Nations was established in 1919 to promote peaceful, open and balanced diplomacy
The prosperity of United States was due to
increased exports
repayment of credit given to Europe during the conflict
development of industry
credit granted to Europe to rebuild the continent
financial operations on the stock market
