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Questions and Answers
What was the primary cause of the severe economic struggles faced by Germany post-World War One?
Which international agreement renounced war as a foreign policy tool during the interwar years?
What event triggered the start of the Great Depression in the United States in 1929?
Which economist proposed a government spending system to lift economies out of depression during the Great Depression?
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What strategy did Scandinavian countries adopt to combat the effects of the Great Depression?
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Which political alliances emerged in Britain and France during the Great Depression to address unemployment and economic crises?
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Study Notes
- After World War One, Europe initially seemed to be recovering, but Germany's war debt and hyperinflation caused severe economic struggles.
- The Dawes Plan in 1924 helped Germany by adjusting reparations and investing US Dollars into its recovery, leading to some economic stability.
- The Kellogg-Briand Pact was signed during this period, renouncing war as a foreign policy tool and reflecting a sense of optimism in Europe.
- European economic recovery in the interwar years gave way to the Great Depression due to war debts, nationalistic tariff policies, overproduction, and speculation.
- The Great Depression started in the US in 1929 and quickly spread to Europe, causing significant unemployment and economic collapse.
- John Maynard Keynes proposed a government spending system to lift economies out of depression, which was adopted in the US under President Franklin Roosevelt.
- Scandinavian countries implemented cooperative social action and expanded welfare states to combat the effects of the Great Depression.
- Political alliances like the National Government in Britain and the Popular Front in France emerged to address unemployment and economic crises during the Great Depression.
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Description
Test your knowledge on Europe's economic struggles post-World War One, the Dawes Plan, Kellogg-Briand Pact, the Great Depression, John Maynard Keynes' proposals, and political alliances during this period.
