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Chapter 24Chapter 24 The Rise of DictatorsThe Rise of Dictators
From The Roaring Twenties to the Great DepressionFrom The Roaring Twenties to the Great Depression
1920 Galveston Island Swim suit review
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1.US Rejected the League2.Americans didnt want to
get involved in Europeanaffairs (Isolationism)
3.League had no means ofenforcement
WhyWhydid the League of Nations Fail?did the League of Nations Fail?
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A Weak League of Nations
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Roaring 20s
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Video: The Roaring Twenties!Video: The Roaring Twenties!
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TheThe
WarWarDebtDebt
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Inflation in GermanyInflation in Germany
Hit by hyperinflationhyperinflation andunemploymentunemployment
1914 4.2 marks=$11923 4.2 trillion marks=$1
1918 bread less than 1mark1923 bread = 200 Billion Marks
*42 billion marks to the penny
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Food shortagesFood shortagesand inflationand inflation
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BurningBurning
GermanGerman
MarksMarks
for heatfor heat
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Hunger Marches in London, 1932Hunger Marches in London, 1932
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The Treaty of LocarnoThe Treaty of Locarno
Established Internationalboundaries established
Promises of peace
From left to right,Gustav Stresemann,
Austen Chamberlain and
Aristide Briand
during the
Locarno negotiations in
Switzerland
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1.Almost every nation
signed2.Promised to renounce
war except for selfdefense
3.No enforcement
1928 Kellogg1928 Kellogg--Briand PactBriand Pact(Frank Kellogg: U. S. Sec. of State)(Frank Kellogg: U. S. Sec. of State)
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KelloggKellogg--Briand PactBriand Pact
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The Great Depression in AmericaThe Great Depression in America
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The Great DepressionThe Great Depression
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The GreatThe GreatDepressionDepression
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During the Great Depression, many
people had to resort to desperate
measures
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Depression:Depression: period of low economicactivity and rising unemployment
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Causes of the GreatCauses of the Great
DepressionDepression1. Economic
Downturnscaused byoverproduction
2.T
he U.S. StockMarket Crash
3. US aid to Europe
dried up
1. EconomicDownturnscaused byoverproduction
2.T
he U.S. StockMarket Crash
3. US aid to Europe
dried up
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BlackBlack ThursdayThursday
Oct. 24, 1929Oct. 24, 1929
BlackBlack ThursdayThursday
Oct. 24, 1929Oct. 24, 1929
Wave of sellingWave of selling
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1. Increased GovernmentActivity in the Economy
2. Renewed interest in Marxismand other extreme ideas
3. Led people to followdictatorial leaders
1. Increased GovernmentActivity in the Economy
2. Renewed interest in Marxismand other extreme ideas
3. Led people to followdictatorial leaders
Results of the Great DepressionResults of the Great Depression
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JohnJohn
MaynardMaynardKeynesKeynes
(pronounced(pronouncedkekenznz))
British Economist: 1936British Economist: 1936
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Keynes Said:Keynes Said:
1.1. Unemployment came fromUnemployment came fromdecline of demanddecline of demand, notoverproduction
2.2. Govt. = PublicWorks &Govt. = PublicWorks &Deficit SpendDeficit Spenduntil economy
heals3. Ignored in Britain, adopted byadopted by
Franklin RooseveltFranklin Rooseveltin USA
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Unemployment = 15 Million
In the US Unemployment in thosethree years soared from 3.2 percent
to 24.9 percent
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Hoovervilles: shantytownsHoovervilles: shantytowns
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The DustbowlThe DustbowlThe DustbowlThe Dustbowl
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19321932
FranklinFranklinDelanoDelano
RooseveltRooseveltBeatBeat
HerbertHerbertHooverHooverin ain a
LandslideLandslide
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FDR: The New DealFDR: The New Deal
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FDRInauguration:
The onlyThe onlything wething we
have tohave tofear is,fear is,
fearfearitself.itself.
FDR Campaign Slogan:
Happy DaysHappy Days
are Hereare HereAgain!Again!
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Fireside ChatsFireside Chats:: informal talks on
radio to reassure the people
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EleanorEleanor
RooseveltRoosevelt
Best 1Best 1stst
LadyLadyEver?Ever?
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Whats The (New) Deal?Whats The (New) Deal?
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Get to workGet to work
programs;programs;GovernmentGovernment
Sponsored JobsSponsored Jobs
Tennessee Valley Authority
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1. Is based on theideas of Keynes
2. Restored confidence
3. But Depressionhung on until WWII
The New DealThe New Deal
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The New Deal 4min
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Ch. 24 Rise of DictatorsCh. 24 Rise of Dictators
The West Between the WarsThe West Between the Wars
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The
West
Betweenthe Wars
1919 -
1939
Man of the year 1938:Man of the year 1938:Adolf HitlerAdolf Hitler
Hitler became
in 1938 thegreatest
threatening force
that the
democratic,
freedom-loving
world faces
today