West+Between+Wars

Define: depression: severe despondency and dejection, typically felt over a period of time and accompanied by feelings of hopelessness and inadequacy. collective bargaining: negotiation of wages and other conditions of employment by anorganized body of employees. minimum: the least or smallest amount or quantity possible, attainable, or required deficit spending: government spending, in excess of revenue, of funds raised by borrowingrather than from taxation. circumstance: a fact or condition connected with or relevant to an event or action

Identify: Dawes Plan: **The Dawes Plan** (as proposed by the Dawes Committee, chaired by) was an attempt following for the to collect debt from. When after five years the plan proved to be unsuccessful, the was adopted in 1929 to replace it.

Treaty of Locarno: The **Locarno Treaties** were seven agreements negotiated, on 5 October – 16 October 1925 and formally signed in on December 1, in which the Allied? powers and the new states of and sought to secure the post-war territorial settlement, in return normalizing relations with defeated (which was, by this time, the Locarno divided borders in Europe into two categories: western, which were guaranteed by Locarno treaties, and eastern borders (of Germany), which were open for revision.[|[1]]

Weimar Repub- lic: the German republic of 1919–33, so called because its constitution wasdrawn up at Weimar. The republic was faced with huge reparation costs deriving from the Treaty of Versailles as well as soaring inflation and high unemployment. The 1920s saw a growth in support forright-wing groups, and the Republic was eventually overthrown bythe Nazi Party of Adolf Hitler.

John Maynard Keynes: Keynes, John Maynard, 1st Baron (1883–1946), English economist. Helaid the foundations of modern macroeconomics with The GeneralTheory of Employment, Interest and Money (1936). was a British economist whose ideas have profoundly affectedmodern macroeconomics andsocial liberalism, both in theory and practice.

Franklin Delano Roosevelt: Roosevelt, Franklin Delano (1882–1945), 32nd president of the U.S. 1933–45; known as **FDR**. His New Deal programs of the 1930s helped to lift the U.S. out of the Great Depression, and he played an important part in Allied policy during World War II. A Democrat and a victim of polio, he was the only president to be elected to a third (and then a fourth) term in office.

New Deal: ** the economic measures introduced by President Franklin D. Rooseveltin 1933 to counteract the effects of the Great Depression. It involveda massive public works program, complemented by the large-scale granting of loans, and succeeded in reducing unemployment by between 7 and 10 million. **

1 - Why was the League of Nations not very effective in maintaining peace? **Their Military wasn't strong enough.**

2 - How did the crash of the U.S. stock market affect Germany and other European countries? **Millions upon millions of people were unemployed. There were more people on the streets than there were in businesses.** **During the war, Britain had lost many of the markets for its industrial products to the United States and Japan. Such industries as coal, steel, and textiles declined after the war. The money issue was becoming crazy. It took at least 4.2 trillion marks to make up one US dollar. People were valuing wheelbarrows and baskets to carry their money more than the money itself. Every group that tried to fix the economy failed.**

3 - What was the New Deal? **The New Deal was a series of social, economic, and governmental reforms initiated by the administration of[|Franklin Delano Roosevelt] in response to the [|Great Depression] of the 1930s. At the time, the New Deal was met with huge amounts of criticism from some quarters and massive praise from others; in retrospect, the New Deal was a major event in American history. Legacies of New Deal programs can be seen in every state, and it is clear that the New Deal shaped the American landscape and American attitudes. **