close

Вход

Забыли?

вход по аккаунту

?

WWI and the Great Depression - Eagle Mountain

код для вставкиСкачать
WWI and the Great
Depression
p. 547 - 558
War Erupts in Europe
пЃ®
пЃ®
пЃ®
пЃ®
Because of nationalism – a feeling of
intense loyalty to one’s country or group
– Britain and Germany raced to build the
largest navy.
To protect themselves, European nations
began to form alliances.
In June 1914, a Serbian terrorist
assassinated Archduke Franz Ferdinand,
heir to the throne of the AustroHungarian Empire.
Austria-Hungary declared war on Serbia.
War Erupts in Europe
пЃ®
пЃ®
пЃ®
пЃ®
Russia decided to help Serbia, which
caused Austria-Hungary’s ally Germany
to declare war on Russia as well as on
Russia’s ally France.
Germany then invaded Belgium, so
Britain, which had promised to protect
Belgium, declared war on Germany.
On one side were the Allied Powers –
Great Britain, France, and Russia. Later
Japan and Italy joined.
On the other side were the Central
Powers – Germany, Austria-Hungary, and
the Ottoman (Turkish) Empire
America Enters the War
пЃ®
пЃ®
пЃ®
пЃ®
When World War I began, President
Wilson declared the United States to be
neutral.
As the war went on, Americans began to
side with the Allies.
To stop American assistance to the Allies
through trade, Germany began using
submarines, known as U-boats, to sink
cargo ships headed to Britain.
In 1917, Germany ordered its U-boats to
attack American ships without warning.
Americans Join the Allies
пЃ®
пЃ®
пЃ®
пЃ®
As America prepared to enter the
war, Russia withdrew.
In November 1917, the Bolsheviks –
a group of Communists led by
Vladimir Lenin – overthrew Russia’s
government.
In March 1918, they signed a treaty
ending the war with Germany.
Germany then launched a massive
offensive in France.
Americans Join the Allies
пЃ®
пЃ®
Their goal was to smash the British
and the French armies before the
Americans could fully mass their
strength.
As a result, by the time the
Americans were assigned their first
divisional area north of Paris at
Cantigny, the German army was
about 50 miles from Paris.
American Troops in Battle
пЃ®
пЃ®
пЃ®
The American army crushed the
Germans at the battle of MeuseArgonne.
With their troops in retreat, German
military leaders realized they had
little chance of winning the war.
On October 4, 1918, the German
government appealed for an
armistice – an agreement to end
fighting.
Searching for Peace
пЃ®
пЃ®
пЃ®
пЃ®
The Treaty of Versailles ended the war
and set up the League of Nations – an
international organization to preserve the
peace.
The treaty required Germany to make
reparations for the damage it had
caused.
It created new nations including
Czechoslovakia, Yugoslavia, and Poland.
The U.S. Senate rejected the treaty and
never joined the League of Nations.
пЃ®
пЃ®
пЃ®
пЃ®
пЃ®
The Great Depression
The bubble of American prosperity burst when
the New York stock market collapsed in October
1929.
Thousands of investors lost all their savings.
In the booming economy of the 1920s, many
people invested money in the stock market and
began to borrow money to buy stocks.
In October 1929, stock prices fell dramatically.
Investors panicked and began selling their
stocks.
Many could not pay back their loans, which
weakened the banks. Millions of people lost their
savings and their jobs.
The Economy Crumbles
пЃ®
пЃ®
пЃ®
пЃ®
The stock market crash shook people’s
confidence in the economy.
Farm income shrank. For many farmers,
years of dry weather made the situation
even worse.
In parts of the Great Plains a long
drought turned fertile land into a Dust
Bowl.
In months before the stock market crash,
the automobile and construction
industries suffered from lagging orders
and laid off workers.
The Economy Crumbles
пЃ®
пЃ®
Many small banks suffered when
consumers failed to meet loan
payments.
Large banks, which had bought
stocks as an investment, suffered
huge losses in the crash and were
forced to thousands of banks to close
– many depositors lost their money.
Joblessness and Poverty
пЃ®
пЃ®
пЃ®
пЃ®
As the depression tightened its grip, millions
lost their jobs.
Long lines of hungry people snaked through the
streets of cities, waiting for hours to receive a
slice of bread or a bowl of soup donated by
local government charities.
Those who had lost their homes build shelters
out of old boxes and other debris. These
shantytowns became known as Hooverville's
after President Hoover.
Many Americans blamed President Hoover for
their hard times because none of his policies
eased the suffering of massive unemployment.
Roosevelt’s New Deal
пЃ®
пЃ®
пЃ®
пЃ®
Franklin Delano Roosevelt was elected
president in 1932.
He sent Congress proposals to fight the
Depression that collectively became
known as the New Deal.
The New Deal created jobs which put
men to work on projects such as planting
trees, building levees, roads, hospitals,
and schools.
It also created the Social Security Act
which is a tax paid by all workers that
was used to pay pensions to retired
people.
Roosevelt’s New Deal
пЃ®
пЃ®
пЃ®
Another tax funded unemployment
insurance – payments to people who
lost their jobs.
By the late 1930s, the economy had
almost recovered.
Just as the domestic problems
seemed to be ending World War II
began.
Документ
Категория
Презентации
Просмотров
24
Размер файла
275 Кб
Теги
1/--страниц
Пожаловаться на содержимое документа