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Chapter 16.2. The Western democracies stumble. 1919- The Western governments (Britain, France, United States) look powerful Ruled Paris Peace Conference Hopes for democracy among new nations in Eastern Europe Problems beneath the surface. Times of uncertainty = political unheaval.
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Chapter 16.2 The Western democracies stumble
1919- The Western governments (Britain, France, United States) look powerful • Ruled Paris Peace Conference • Hopes for democracy among new nations in Eastern Europe • Problems beneath the surface
Times of uncertainty = political unheaval Party struggles in britain
The US emerges from WWI in good shape • Late entrant into war=relatively few casualties and little loss of property • Domestic Unrest • Fear of the Bolshevik Revolution set off the Red Scare • Police rounded up foreign born radicals and a number were expelled from the US • Sacco and Vanzetti • The Red Scare let to demands in the limit of immigration “the red scare” and isolationism in the Us
France wanted to secure its borders against Germany • Built Maginot Line along German border • France also strengthened its military alliances with other countries • Strict enforcement of the treaty of Versailles and payment reparations • Kept German Economy weak - $30 Billion = $2.7 Today • Britain disagrees with this Arguing allies
People worked for peace in the 1920s • 1925-Locarno Treaties signed (settled Germany’s disputed borders) • Kellogg Briand Pact- the great powers pursued disarmament • Almost every independent nation signs The search for peace
Peace was fragile The League was powerless to stop aggression Dictators in Europe noted the League’s weaknesses and pursued aggressive foreign policies The League’s weakness
The war hurt and helped some nation’s economies • Britain and France owed a lot of money to the United States • They depended on the reparations from Germany • These Reparations hurt Germany Postwar economics
Britain deeply in debt in the 1920s • Factories were out of date • Unemployment is severe • Wages remain low • 1926- general strike occurs which lasts nine days • The french economy recovered rapidly • Reparations and territories from Germany help out a lot Britain and france recover
The US emerges from the war as the leading economic power U.S is #1! The united states booms
The wealth in the US was not evenly spread • The demand for raw goods during the war was great • After demand dwindled, production didn’t • Led to overproduction • Factories began to make less, and cut worker’s jobs Falling demand and overproduction
Prices at the NY Stock exchange were at an all time high • People bought stocks through risky means • The Federal Reserve raised interest rates in 1928 and 1929 to slow the growth • In the autumn of 1929, jitters over the economy caused everyone to sell their stocks all at once • Black Tuesday • Financial panic set in • Stocks crashed • The Great Depression begins Crash and collapse
The governments of Britain, France, and the United States try to find ways to life the depression. The democracies react to the depression
Britain sets up a coalition government made of leaders from all three political parties • By 1931, 1 in 4 workers is unemployed • By the min-1930s France felt the pinch of the Depression • People back Leon Blum- a socialist leader • Strikes soon bring down Blum’s government because he could not solve all of the labor problems Britain and france search for solutions
US president Herbert Hoover believed the government should not intervene in private business matters • Did try limited number of measures to solve crisis (Hoover Dam, etc.) • Didn’t help to ease the financial crisis Hoover’s policy
1932- Franklin Delano Roosevelt elected • Said the government needed to take an active role in combating the Depression • Introduced the New Deal • Government became more involved in people’s lives • Passed legislation • social security • TVA Roosevelt offers the us a new deal
Natural disaster hit many states- created the Dust Bowl • Migrant workers went Westward • Grapes of Wrath by John Steinbeck • Dorothea Lange – famous photographer! The dust bowl
Hard Times and Good Times in America Migrant Mother