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The Western Democracies Stumble. Chapter 16 – Section 2. Do Now: Monday 4/1/13. “They used to tell me I was building a dream With peace and glory ahead--- Why should I be standing in line, Just waiting for bread? Once I built a railroad, I made it run, Made it race against time.
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The Western Democracies Stumble Chapter 16 – Section 2
Do Now: Monday 4/1/13 “They used to tell me I was building a dream With peace and glory ahead--- Why should I be standing in line, Just waiting for bread? Once I built a railroad, I made it run, Made it race against time. Once I built a railroad, now its done --- Brother, can you spare a dime?” What do you think these lyrics are about?
Postwar Politics • Economic problems led to social unrest • Needed to find jobs for returning veterans
Irish Independence • 1914: home-rule bill shelved when war began • Easter 1916 • small group of militant Irish nationalists launched a revolt against British rule • Quickly suppressed by British • caused wider support for Irish independence • 1919 Parliament failed to grant home-rule again • Irish launched guerilla war against British forces and supporters • 1922 agreement was made • Most of Ireland became self-governing • Northern counties, largely Protestant, remained under British rule
“The Red Scare” • Fear of the Bolshevik Revolution in Russia set off a “Red Scare” in the U.S. • Police deported suspected foreign born radicals • Growing demands to limit immigration
The Great Depression • Late 1920s in the U.S. & spread to the rest of the world • Demand for raw materials & agricultural products skyrocketed during the war – demand & prices fell after the war • Overproduction slow in production less workers needed • Financial mismanagement • Prices on stock exchange were all time high • Federal Reserve increased interest rates in 1928 and 1929 • Did not work people became afraid to invest hurt demand • Fall 1929 Stock prices crashed – wiping out fortunes of many investors
Depression Spreads • American banks stopped loans abroad • Demanded repayment of foreign loans. • Without U.S. support, Germany could not make reparation payments • France and Britain could not make loan payments • U.S. raised tariffs to protect economy • Backfired when other nations raised their tariffs
FDR & The New Deal • Government was needed to combat the Great Depression • Economic and social programs • Federal government became more directly involved in people’s everyday lives than ever before • Social Security system pension for elderly • 1934 Dust Bowl • New Deal did not end the Great Depression, but it eased the suffering for many
Portrait shows Florence Thompson with several of her children in a photograph known as "Migrant Mother". The Library of Congress caption reads: "Destitute pea pickers in California. Mother of seven children. Age thirty-two. Nipomo, California."
Consequences • As the Depression continued people lost faith in democratic governments’ ability to solve problems of the modern world • Despair in Europe intensified • Extremists promised radical solutions • Benito Mussolini, Joseph Stalin, Adolf Hitler
Homework DUE: Wed. 4/3 Section 2 Packet Western Democracies Stumble All Checkpoints & #3, 4, 5