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What Was Happening Around the World Politically

What Was Happening Around the World Politically. Jimmy Ancona & Sean Oushana. America. The Great Depression originated in The United States A common misconception is that Black Tuesday and the stock crash caused the unemployment and lack of family income.

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What Was Happening Around the World Politically

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  1. What Was Happening Around the World Politically Jimmy Ancona & Sean Oushana

  2. America • The Great Depression originated in The United States • A common misconception is that Black Tuesday and the stock crash caused the unemployment and lack of family income. • The New Deals called for money to be insured and that it would get paid back if lost. • FDR passed several programs to create Jobs • Employment and average income increased. • World War II would get us out of the depression.

  3. England • Still Recovering from World War I • America’s depression spread around the world. • To balance the budget September 10th, 1931 Philip Snowden, Chancellor, issued an emergency budget, which immediately instituted a round of cuts in public spending and wages • This caused a mutiny in the Royal Navy • Winston Churchill was appointed minister when World War II started

  4. Japan

  5. Germany • Was about 10$ Billion in debt after World War I • Unemployment soared, especially in larger cities, and the political systemveered toward extremism • Hitler was a rising politician who became popular during this recesion, mainly because of his book, “Mein Kampf” • He became chancellor in 1933, but was favoring anti-semitismand made a New Nazi party • He gained territory which eventually led to World War II

  6. Italy

  7. Work Cited • Glassman, Bruce. The Crash of '29 and the New Deal. N.p.: n.p., n.d. Print. •  Hakim, Joy. A History of US. 3rd ed. New York: Oxford UP, 1993. Print. •  Nash, Gerald D., and Gerald D. Nash. The Crucial Era: The Great Depression and World War II, 1929-1945. New York: St. Martin's, 1992. Print.

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