Between the Wars – Guided Lecture Notes League of Nations o What did it do? Establishment of the system Mandates = o Examples of Mandate Territories = Why did it fail? USA did not want to become a member, it wants to itself from Europe and the rest of the world ( ) L of N did not have the power to its decisions United States o Wanted from the rest of the world o Dominant world after WWI o Led to economic “boom” (= ) o People borrowed money on credit for and Great Britain o Horrors of WWI deeply impacted British and o Britain lost factory jobs to USA and o Labour Party (“ “ party) won general elections in the France o Devastated by o Economic hardship High o and gov’t nearly Horrors of War 50% of men ages 18-32 killed in Italy o Resented Treaty of Versailles Did not give enough to Italy o High unemployment and o Political chaos led to the election of Benito and his government in 1924 o Fascism = Germany o Anger and resentment over the Treaty of Republic – democratic gov’t elected in o o o o 1919 Reparations caused economic Germany Loans from the US led to a period of relative in the 1920’s But…Political Unrest still occurs…. Rise of Russia o Lenin’s o o o in Hitler during the Munich Beer Hall Putsch (NEP) = Changes name – now U.S.S.R. = Union of Republics Lenin dies in 1924 – Josef comes to power Stalin implements his first Year Plan Rapid Collectivization of Soviet farms. Collectivization = Japan o After WWI – Japan felt the West did not treat it as an o Industrialization in the 1920’s leads to a need for o o Japan wanted to gain more control of parts of (mainly Manchuria) Japan becomes increasingly and Japanese troops in Manchuria http://www.axishistory.com/fileadmin/user_upload /j/jp-infantry-manchuria.jpg Turning Point – The Stock Market Crash o Causes of the Stock Market Crash in USA – prices go down sharply Excessive dependence on to buy goods and stocks – people cannot pay off their debts. High protective (or taxes on imports) stifle world trade o October 1929 Banks call in loans People unable to pay off their bills Stock prices Businesses start to fail, laying off workers o Result = The Great Depression Wall Street – October 1929 http://cepa.newschool.edu/het/schools/image/cra sh.jpg The Great Depression o The Great Depression is GLOBAL = o Production of goods around the world o Prices, Salaries, and Wages fell = o Many workers lost their jobs in the USA alone effects United States o 1932 – Franklin D. elected President o - Federal gov’t would spend money, put workers back to work o Fed gov’t regulated , stock o Fed gov’t established and unemployment France o Fascists and Communists constantly battled for influence among o 1934 -led gov’t comes to power o Passed many laws that benefited and Germany o 1929 – Hitler appeals to German workers – He can bring back economic and German national pride (“ “) o 1930’s – NAZI’s win big in elections (NAZI = acronym for National Party) o 1933 – Hitler is appointed “ “ or leader of the German gov’t Russia o Results of the FIVE YEAR PLAN Rapid ____________________ Workers work for or pay is scarce Famine widespread o 1930’s – “ “– Stalin tries to “ “ (execute or imprison) his “ “ (or people he believed to be his enemies). Japan o Japan dependent on the US carried to Japan o Millions unemployed and o Military leaders promised stable ( ) o Eyed imperial expansion in Burning Germany marks for heat – results of hyper-inflation Stalin’s gulags – political prisoners working at hard labor - Great Depression in USA and national pride