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.

• 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.

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

Japan

Germany• Was about 10$ Billion in debt after World War I• Unemployment soared, especially in larger cities, and

the political system veered 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-semitism

and made a New Nazi party• He gained territory which eventually led to World War II

Italy

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.