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The Treaty of Versailles & The German Economic Collapse

The Causes of WWII Part 1:. The Treaty of Versailles & The German Economic Collapse. THE END OF WWI. OBVIOUSLY ENDED WITH THE DEFEAT OF THE GERMANS . What do you think ?. Will they show them mercy ? Will they make them pay for the war ? What will become of Germany? Discuss.

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The Treaty of Versailles & The German Economic Collapse

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  1. The Causes of WWII Part 1: The Treaty of Versailles &The German Economic Collapse

  2. THE END OF WWI OBVIOUSLY ENDED WITH THE DEFEAT OF THE GERMANS

  3. What do youthink? • Will they show themmercy? • Will theymakethem pay for the war? • Whatwillbecome of Germany? • Discuss

  4. The End of World War One • The Germans tried negotiate terms to end the war while maintaining their honor • The US President, Woodrow Wilson, proposed 14 points that Germany must agree to for the war to end • Wilson was not interested in punishing Germany • Rather, he wished to build systems and institutions that would provide a more peaceful future (e.g. The League of Nations) • Overall, Germany was pleased with the 14 points and eventually surrendered under the impression that these points would be the basis of the peace treaty.

  5. FUN FACT: WOODROW DOESENT WANT AMERICA TO JOIN LEAGUE

  6. So.. Here’s what we have so far • America wants Europe to rebuild itself (including Germany) • But not everyone feels the same way… Why did i put that?

  7. BECAUSE: THE FRENCH THOUGHT DIFFERENTLY

  8. The Paris Peace Conference- 1919 • The Paris peace conference is where the combatants met to create the peace • One Problem: • The meeting was dominated by the French who wanted to forever destroy Germany’s ability to make war Any idea why the French wanted to destroy Germany’s military ?

  9. AND THEN THERE WAS THE TREATY OF VERSAILLES- 1919 What do you think happens? How do you think the allies will deal with Germany Discuss… Think of: -Military -Economy -Repairs -Land

  10. On top of all that • Saar Region (Germany’s richest land in terms of natural resources) was occupied by the French

  11. SO AT THIS POINT, THE GERMANS ARE LIKE…

  12. AND THE ALLIES ARE LIKE…

  13. AND THESE ARE THE DUDES THAT DO IT… Him not so much…

  14. SO WHAT IS THE EFFECT OF THE TREATY? • WHO GAINED? • WHO LOST? • DO YOU THINK THE WORLD AGREES WITH THE TERMS? • Discuss

  15. The Effects of the Treaty • The Treaty was considered excessive by many at the time • Germany was humiliated and economically destroyed • Who else suffered? • Austria/Hungary was completely destroyed • Italy received no benefit for its war efforts and fell into poverty • Russia and Germany were both banned from joining the League of Nations (Did not trust them, Bolshevik Russian Revolution)

  16. So what happened to Europe after the war? DID GERMANY LOSE OR GAIN LAND?

  17. Before and After… WHAT DIFFERENCES DO YOU SEE?

  18. Talk amongst yourselves

  19. SO WHAT’S GOING TO HAPPEN TO GERMANY? NAMELY, THE GERMAN ECONOMY?

  20. The German Economy in the 1920s • It would have been very difficult for Germany to make repartitions payments even if their economy was healthy • However, with no colonies and the loss of so much territory, Germanys situation was completely hopeless • In order to find a way out of this situation, the new German government, began to print extra money to make the payments on time.

  21. What do you think about this picture? What am I trying to show you THIS

  22. Hyperinflation • The prices in Germany rose so fast that German money became completely useless • Almost the entire German population became poor almost overnight

  23. SO HOW BAD WAS IT? • What do you think?

  24. 4 Billion Marks

  25. 100 Gold Marks = 100 Trillion Marks

  26. The Effect of Hyperinflation • The German rich did very well during inflation • They bought up land, assets and expanded their businesses • The inflation cancelled out their debt • However, lower and middle class Germans were completely destroyed – life savings were eliminated • Employers could not keep up with the inflation, many stopped working as their weekly cheque would not be enough for a cup of coffee.

  27. The Effect of Hyperinflation Part 2 • Police and government officials stopped working • The streets were run by gangs and groups of ex-soldiers • Violence and crime were rampant • Most transactions were from Trading or Bartering • Communists and Right wing groups fought for control of the country and the hearts and minds of the citizens • 1923 Germany made our depression seem like a picnic!

  28. What’s next? • This terrifying environment was the perfect place for psychopaths and misfits to gain attention • Those who promised revenge and the restoration of Germany’s greatness soon became national heroes • The greatest of all these was . . .

  29. BORING YET INFORMATIVE VIDEO http://www.youtube.com/watch?v=bfWVu3LogYo THE PLAY

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