HIST 1020 Lecture 15: HIST 1020 Lecture #15
Document Summary
Key terms : henry ford, the great depression, john maynard keynes, franklin delano roosevelt, new deal, joseph stalin, fascism, adolph hitler, nazism, benito mussolini, emperor hirohito, imperial rule assistance association, latin american corporatism, getullo vargas. Global storylines/main points : the harsh terms of the peace settlement produce resentment in germany and contribute to global economic problems, resentment + economic problems in germany lay the foundations for the rise of. The great depression : october 24, 1929, black tuesday: american stock market collapsed, plunged the world nancial and trading systems into crisis called the great, causes of the depression go back to the war. Efforts by european nations to slash spending a return to prewar gold standard. German government couldn"t tax citizens at the rates needed for victor countries. By 1935, world trade was at one-third of its level in 1929. Keynesian revolution took years to transform economic policy the best ways to achieve political stability and economic progress.