Transcript Slide 1
Bell Ringer
Define blame.
Have you ever been
blamed for something?
Define blame.
How did that make you
feel?
We will…
Today in class…
Describe the causes and impacts of the worldwide depression that followed WWI.
You will be able to…
Language
Social Studies
• Review the major provisions of the
Treaty of Versailles.
• Explain the causes of the
worldwide depression during the
1930’s.
• Explain the rise of totalitarian
dictators in Europe and Asia.
• Define: Depression, inflation,
Tariff, Fascism, Totalitarian
• Read an article about the rise of
Hitler and answer questions.
• Design a propaganda poster that
Nazis might use to gain support
in an election.
NEXT TIME/SOON: Propaganda poster
Unit Vocabulary
1.
2.
3.
4.
5.
6.
Depression
Appeasement
Fascism
Inflation
Tariff
Totalitarian
7. Blitzkrieg
8. Axis Powers
9. Ghetto
10. Final Solution
11. Holocaust
12. United Nations (UN)
Depression
Economic crisis that lasts several years
Fascism
Military form of government that includes
extreme nationalism, few individual rights,
and rule by a dictator
Inflation
Quickly increasing prices for goods
One Loaf of Bread
1919
1922
1923
1 mark
160 marks
200 billion marks
Tariff
• Tax on imported goods with the goal of
making home made goods more popular
Totalitarian
Form of government that does not allow
individual freedoms and tries to control all
aspects of life
Impact of the Treaty
of Versailles on
Germany
http://hometown.aol.co.uk/met
alhead015/page3.html
Treaty of Versailles’
Effect on Germany
Excluded Germany from the League of Nations
Took away its territories
Severely restricted the size of their military
Prohibited them from making or importing any war
material
• Forbid submarines and air force
• Blamed Germany for 100% of war (“War Guilt”)
• Forced them to pay $33 billion to the allied nations
over a 30 year period.
•
•
•
•
Some people felt the
Treaty of Versailles was too
harsh on Germany.
Treaty of Versailles Caused…Inflation!
• To pay for the war,
Germany decided to print
more money.
– As the money lost its
value, they printed more
and more.
• It then cost more and
more to buy the same
goods
Money Became Totally Worthless
• This caused the Germans
to think their democratic
government (the Weimar
Republic) was also
worthless.
• U.S. loaned Germany $2
billion to help with their
economy in the 1920s.
• Only the U.S. and Japan had come out of the
war in better financial shape than when they
had gone into it.
• Neither had to fight on its own soil.
European Dynasties
Were Overthrown
• From 1914 to 1918 the remaining
absolute rulers in Europe had been
overthrown.
• The Hapsburg, Romanov, and Ottoman
dynasties/empires all ended.
• Democratic governments began popping
up everywhere.
HIGH PROTECTIVE TARIFFS
Tariff = tax on imported goods
Tariffs were supposed to protect American farmers and
manufacturers from foreign competition…
…BUT…they didn’t!!
Tariffs reduced the flow of goods into the US and prevented
other countries from buying American goods.
The bottom line – tariffs made it harder to trade
People bought goods that they
couldn’t afford on credit
1. The Stock Market was the
most visible symbol of
American prosperity.
2. In the 1920s stock prices
rose steadily.
3. Economists warned the
people about the
weakness of the economy.
Early September 1929: Stock prices peaked then fell and
confidence begins to waver.
October 24, 1929: The market takes a plunge. Panicked
investors unload their shares.
October 29, 1929: The Stock market crashes! Shareholders
frantically tried to sell their stocks before prices went even
lower. (16.4 million shares were traded)
October 29, 1929
Black Tuesday
Safari Montage - People's
Century The Saga of World War
II - Breadline: The Great
Depression at Home
Impact
of the
Worldwide Depression
High Unemployment
in Industrialized
Countries
25%
in the
United States
Bank failures and collapse of credit.
Hard times make
democracy &
capitalism seem
silly
Many people lost faith in their democracies during
the Great Depression, some turned towards
Fascism & Nazism.
The importance of the Nazi Party grew in
Germany.
The Nazi Party blamed European Jews for the
economic collapse.
National Socialist German Workers Party
(Nazi)
Based on totalitarianism &
belief in racial superiority.
Faces of Totalitarianism
Fascist Italy
Nazi Germany
Communist
Soviet Union
Benito
Mussolini
Adolf
Hitler
Joseph
Stalin
Hitler’s Rise to Power
• Read the article
• Answer the questions (1-7).
• Complete the Propaganda poster
assignment as homework – due next block