Post on 16-Dec-2015
Economic Uncertainty
Only Japan & U.S.A emerged from WWI financially stable
U.S. Loans
Nearly every European nation is bankrupt, and Europe’s domination in world affairs declines.
Ineffective Government
Fledgling Democracies in Germany, and Austro-Hungarian countries.
Parliamentary countries with too many parties (France, Italy)
Weimar Republic
Coalition governments pave the way for authoritarian leaders later
Weimar Problems
No German tradition of democracy
Too many parties to effectively govern
Blame by people for losing wwi, and accepting the Treaty of Versailles
German Economy
Hyper Inflation: By 1923 $1=4 trillion Marks
Dawes Plan: $200M loan from the U.S. Rescheduled reparations payments.
Dawes plan works