The relationship that connects World War I to the Great Depression of the 1920’ thru 1930s.

1. The relationship that connects World War I to the Great Depression of the 1920’ thru 1930s. Anthony Leverette Methods of Historical Research HIST 300.101 12/06/2010

2. Thesis Statement The relationship that connects World War I to the Great Depression in the United States during the 1920’s thru the1930’s,was that those European countries involved in the war owed the United States a large financial debt by the time the war had come to a conclusion.

3. Presentation Outline I. The United States entrance into WWI A. Year of entrance into the war B. Cause of entrance into the war 1. Sinking of the Lusitania 2. Blockade C. The importance of entrance into the war 1. Fight for freedom 2. Economic trade II. The end of World war I A. Damage of the war to Europe 1. Farmlands 2. Major cities B. The Cost in revenue and lives 1.Revenue 2. Lives 3. Land

4. Cont. Outline C. Reconstruction effort III. The Beginning of the Great Depression A. Economic backlash 1. Borrowing large amounts of capital 2. Block of imported goods B. Failed farm Reform C. Excessive debt owed to the United States 1. Money being lent to allied countries 2. Allied countries depleting all of their assets in the United States IV. Herbert Hoover’s Influences A. Speeches B. Smoot-Hawley Tariff act C. Affect of the tariff act

5. The United States Declared war on Germany in 1917 after the sinking of the Lusitania luxury ship. 128 Americans lives were lost .This attack was based on the fact that Germany had declared the oceans leading to Great Britain to be a warzone and off limits to any vessels. The United States entrance into WWI under the presidency of Woodrow Wilson.

6. Entrance into World War I Cont. • Although the German government apologized to the United States for the sinking of the Lusitania. President Wilson felt that this was an insult on freedom and world economic trade.

7. The end of World War I • By the end of the great war America and it’s European, and Asian counterparts were feeling the tension of this devastating event. Although the war was fought in Europe. The cost of lives and revenue were staggering. This event also gave cause to the Great Depression. By the end of the war large amounts of property damage resulted in billions of dollars being borrowed to restore those countries involved in World War I.

8. The End of World War I Cont. Lives Revenue • Close to 15 million lives were lost in this war, which included soldiers and civilians across the continent of Europe. • Property damage ranged in the amount of 40 to 65 millions dollars.

9. The Beginning of the Great Depression According to the article entitled, “Main Cause of the Great  Depression.” Gusmorino gives you detailed accounts about how wealth was distrusted unequally through the 1920, because this was a  time of prosperity for the U.S. and Europe due to the industrial  revolution and the agricultural economy. But, this instability of the  transfer of wealth caused the stock market crash.  Also after the beginning of World War I the United States was lending  to its European allied, and the economic trade between the U.S and  Europe was still in full affect until Germany declared that the oceans  leading to countries like Great Britain were consider a warzone,  and that no economic trades was being permitted. By the end of the war the United States had lent it’s European counterparts on both side of the war effort over 1.25 billion dollars.

10. Herbert Hoover’s Influences

11. Herbert Hoover’s Influences According to some of the documents that were presented by President  Hoover included one of the major backlashes to international trade  which was the Smoot-Hawley Tariff act that imposed sanction on exports  coming into the United States, because the U.S was suffering through  the Great Depression. So President Hoover felt that these sanctions would help to strengthen the agricultural reforms that were implemented by his administration. Unfortunately this act cause major  issues with important commodities that were produced outside of the U.S. which cause a decrease in world trade by almost 66% between 1929 thru 1934.

12. Challenges and Lesson’s Learned Challenges Lesson’s Learned • 1. Finding the economic documents to support my topic. • 2. Making sure that may primary sources were accessible. • 1. Knowing that a primary source has to be something that came from that particular era. • 2. Making sure that my secondary sources would help support and connect to my topic.

13. Cited Sources • Gusmorino, Paul A., III. “Main Cause of the Great Depression.” Gusmorino World. May 13, • 1996. http://www.gusmorino.com/pag3/greatdepression/index.html • Hicks, John D. Republican Ascendancy 1929-1933. New York. Harper & Row. 1960. (pages • 136 thru 221) • Kumiko, Koyama. “The Passage of the Smoot-Hawley Tariff Act: Why Did the President Sign • the Bill?” Journal of Policy History, Volume 21, Number 2, 2009. (pp. 163-186) • Mitchell, Broadus. “World Economy between Wars.” Depression Decade: New Era through • New Deal, 1929-1941. Rinehart, New York. 1947. (page 3). • http://www.questia.com/library/great-depression.jsp • Newton, Walter H, Myer, William Starr. The Hoover Administration Documents Narrative. • New York. Charles Scribner’s & Son’s. 1936. pp 260-264 • Rothermund, Dietmar. “Reaction To The Depression In Southeast Asia.” The Global Impact of • the Great Depression, 1929 – 1939. Routledge. London. 1996. (page120). • http://www.questia.com/library/great-depression.jsp • The State Papers and other Public Writings of Herbert Hoover. Vol. 2. October 01, 1931 to • March 4, 1933. New York. Doubleday, Doran & Company Inc. Garden City. 1934. pp • 147-149. • Willmott, H P. World War I. Penguin Company. New York. 2003. (pages 43 thru 47) • Pictures of the Presidents were provide by: • Herbert C. Hoover. Time Vol. XI. United States. Mar. 26, 1928 • Woodrow Wilson. Time Vol. II. United States Nov. 12, 1923