Ch.+28+pp.+928-939

928-933: Search for Peace and Political Stability in the 1920’s
13. How did most Germans view the treaty of Versailles in the 1929’s? 928

14. Who wrote the book Economic Consequences of Peace ? What were two of the ideas that he argued in the book? 928-929

15. Why did the Weimar Republic refuse to make its reparation payments in 1922? How did the French react? How did the British react?

16. What triggered the runaway inflation of 1923 that brought about a social revolution in Germany? 929-930

17. The Dawes Plan helped Germany recover from inflation. How did it work?

18. What was the purpose of the Locarno Pact of 1925? 930

19. What was the purpose of the Kellogg-Briand Pact of 1928? 930

20. Who tried (and failed) to lead a feeble revolt against the Weimar government in Germany in 1923? What was his book called? 932

21. In what ways did the political situation in France in the 1920’s resemble the politics of Germany at the same time? 932

22. Which English political party advocated a moderate, “revisionist” socialism when it came into power n the 1920’s? 933

933-939: The Great Depression, 1929-1939 Note: As you read this section it will definitely remind you of our current financial crisis. Try to find evidence both for and against the idea that we are once again headed toward a prolonged and very severe “great” depression.

23. What made the Great Depression different from typical financial depressions? 933

24. “The American stock market boom was built on borrowed money.” What does this mean and why did it intensify the economic crisis? 933

25. What two mistakes did the United States make in 1929 that prevented it from stabilizing the worldwide financial crisis? 935

26. According to John Maynard Keynes, what big mistake did almost all countries make at that time which also deepened the depression? 935

27. What percent of American workers were unemployed in the 1920’s? What percent were unemployed in 1932?

28. “Only strong government action could deal with mass unemployment, a social powder keg preparing to explode.” (936) What did the United States do under the leadership of Franklin Roosevelt to avert this crisis? 937 (Do you know if the Obama administration is implementing any of these same policies?)

29. What percent of the American labor force worked for the WPA at some point in the 1930’s? 937

30. Which of the following countries was most successful in restoring jobs and modest prosperity by the middle of the 1930’s? England or France or the United States 938-939

31. The depression caused moderates to lose political power in many countries, opening the door to extremists on the left and the right. What coalition made up the Popular Front that won the French elections in 1936? 939

32. What policies did Leon Blum put into effect and what happened as a result? 939