Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much...
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Transcript of Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much...
Remember…
Think back to 1929…The stock market just
crashed!President
Hoover didn’t do much to help..
THE GREAT DEPRESSION had
begun…
Things went from bad to worse
Then from worse to even more
worseAn important note …American’s began to believe capitalism had failed and maybe another system would be better.. Communist parties began to spring
up…
“A do nothing”
Along came FDR
Promising American’s “A New
Deal”He started programs to put people to work again (Recovery)
WPA, CCC, TVA, ETC
Also programs to build confidence
in America (Reform)
Like:
LikeFDIC NRA
FDR was very popular and won re-election in 1936 by a landslide.
So…
How well did the “New
Deal” work
It did:
Create jobs
Make improvements like bridges & DamsRelieve anxiety
End panic
Most importantly…It restored
faith in America
But…Deficit
spending (spending $ you
don’t have –borrowing-credit)
couldn’t go on foreverSomething
needed to happen to get the
economy rolling…
WWII
Officially began in Europe in Sept.
1939The USA was officially
“neutral” but recognized the Business
opportunity the war presented:
Factories began to crank!People began to work!
Planes ! Ships ! Tanks ! Boots !
The economy boomed into full production!
The depression has ended !
Meanwhile, in Europe…
The Treaty of Versailles was turning out to be a big problem because:
•It blamed Germany for the war•It made Germany take responsibility for causing the war•Germany was made to PAY for the allied troops to stay in Germany to keep them (Germans) under control- for 15 years!•German military was limited•Germany had to pay the allies back for WWI - $33 million•The German Gov’t was forced to sign the treaty under threat of attack
Naturally, most German people were unhappy
about the Treaty of Versailles.
These bad feelings festered & the German people
became resentful
Ticked off @ the allies the German people began a “German Pride” movement aka German Nationalism
One activist, Adolph Hitler, started a political party called the “Nazis”
Hitler gained
power in 1933, just
as FDR became Pres in the US
Hitler & The Nazis
Had a plan…
German Purity & SuperiorityUnite all persons of German ancestry in one nation.Ridding Germany of “inferiors”.
Hitler & the Nazis used…
propaganda fear terror
And Total Control to achieve their goals.
Fresh off WWI
France, Great Britain & the US followed a plan
of appeasement
(to satisfy; pacify)The Allies did nothing
when:Hitler began to build a military
Hitler sent troops into
the Rhineland
Hitler made Austria part of
GermanyHitler made ½ of Czechoslovakia part of Germany
Hitler made the other ½ of
Czechoslovakia part of Germany
Hitler made friends…
Italy (Mussolini)&
Japan (Hirohito)These formed the
“Axis” powers of WWII“appeasement” ended in Sept. 1939 When Hitler invaded Poland.France & Britain declared war on Germany & WWII
was on
The USA remained neutral
You know …
The old trade thing.
US business make $ producing:
tanks planes guns
And just about every other item the
nations of Europe couldn’t produce
because they were busy fighting
Finally the US
Had jobs!
Businesses made profits
Stock prices rose.
Farmers could sell products
Good economic times were back..
WWII began in Sept. 1939 when
Hitler invaded Poland.
Meanwhile, in Japan…
1920’s - Japan had peace & prosperity, building an economy based on trade.
Raw materials
Manufactured goods
1930’s The great depression hit hard in Japan..Trade stopped Factories closedJobs were scarce
The Japanese Gov’t failed to solve the crisis
(much like Hoover)Japanese
“Nationalists” argued that Japan should
have taken colonies when the western
powers did.
More raw material and more markets to sell finished products
Better late than never.
So…Military leaders began to gain more power.They followed the doctrine
of militarism (the glorification of military and
readiness for war.
Emperor Hirohito gained the support
of the military.
Hirohito & the military promoted the idea that
Japan had a special Mission:
Free Asian Nations from western imperialism.
Japan made friends with
Germany & Italy
Influence of Great Britain, France & The US
As Germany over-ran France, Japan
took over the French colony of
Indochina (Vietnam
Now…
WWII was not just a European thing but it
was also in the Pacific
Dec 7, 1941Japan attacks US bases in Guam, The Philippines, the
wake Islands. And of course, Peal Harbor Hawaii
The US public was outraged & patriotism soared
Dec 8, 1942 US declares war on Japan…
So let look at the Axis of WWII
Conditions in the countries were
BAD!
poverty unemployment
inflation
The causes…Someone else's faultGermany – treaty of Versailles (France, Great Britain & USA)
Japan- Western Imperialism is
exploiting Asian resources & markets
Italy- The treaty of Versailles-
everyone on the winning side of
WWI gets spoils of war EXCEPT
ITALY!
The Solution…
New leadership to restore
national pride
Germany - Adolph Hitler
Hirohito - Japan
Mussolini - Italy
This leadership based on national pride is
called Fascism. Fascism