Year 9 History 2024-2025 Term 2 Week 4 PDF
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This document contains information about German treatment after World War I, and US policies of the 1920s, including discussion points on reparations, isolationism, and economic booms. It also covers elements of the lost generation.
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German Treatment Do you think Germans were treated fairly after the First World War according to the terms of the Treaty of Versailles? Why or why not? “If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.” -J. Paul Getty American-British in...
German Treatment Do you think Germans were treated fairly after the First World War according to the terms of the Treaty of Versailles? Why or why not? “If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.” -J. Paul Getty American-British industrialist This volatile economic situation would help give rise to a new form a government in Europe known as fascism. It will also be one of the leading United States Returns to its Policy of Isolationism Despite his best efforts, American President Woodrow Wilson could not convince leaders in the United States Congress to vote to join the League of Nations. Instead, most Americans wanted to return to the policy of isolationism and not get involved in the affairs of European nation states. Most Americans were not attracted to the ideal of collective security believing the natural borders of the Atlantic and Pacific oceans provided all the security they needed. American loans How was Germany going to be able to make their reparation payments? Germany was forced to borrow money from American banks and businesses in order to make payments on its war reparations. Americans were willing to make loans to Germany because the US emerged as the most important economy in the world. With the growth of the stock market and so much prosperity, American investors felt protected and saw loaning money to Germany as another investment opportunity. The irony was that much of this money that was paid to the British and the French went right back to America as Britain and France still owed debts in the United States! How was the United States in a position to loan money when it was still owed money? Booming Economy Combined with the desire to avoid military commitments to foreign countries, the American economy began to boom after World War I. The First World War saw great demand from countries like the UK and France for American resources for the war effort. Following the war, America was in a better financial position than Europe as it had not been part of the war for very long. Most American wealth came from its abundance of natural resources such as coal, iron, oil and gas. The growth of factories and urban populations meant that the USA could harness these resources to make a lot of money. The USA enjoyed economic growth of approximately 40% between 1920 and 1929. This economic success became known as the “roaring twenties.” Do you agree with the policies of the Republican Party in the United States during the 1920’s? Why or why not? Republicans Turn to Rule Woodrow Wilson belonged to the Democratic Party, but in 1920 his party had lost to the Republicans. Wilson’s replacement, Warren Harding easily won the election using the campaign slogan, “A Return to Normalcy.” Three different Republican presidents would go on to serve in the 1920’s and all of them supported isolationism and the same economic policies. This government had three important policies to encourage economic growth: Low Taxation: low taxes left consumers with more money to spend on consumer goods and businesses with more money to spend on growth. Laissez Faire: the idea that people and businesses should be left alone by the government and be allowed to spend, earn and grow as they wished. Tariffs: taxes on goods coming into America (imports) meant that people preferred to buy American-made goods. This encouraged growth in American businesses. Low taxation and growing businesses meant that people had more disposable income. Advertising in cinemas and newspapers encouraged people to buy the latest gadgets and time-saving inventions such as fridges, Consumeri radios and Hoover vacuum cleaners. Sales of clothing, cigarettes and other consumer sm and the goods increased too. Larger items were made available to poorer people buying things on Stock credit and using hire purchase schemes. Market in Growth in business in turn led to growth in the stock market. Shares were available to America many Americans and the trading of these many people a lot of money as businesses grew. The selling of shares then provided businesses with more money with which to expand, meaning they could sell more shares. This cycles seemed to be able to create wealth indefinitely. Republicans Turn to Rule Woodrow Wilson belonged to the Democratic Party, but in 1920 his party had lost to the Republicans. Wilson’s replacement, Warren Harding easily won the election using the campaign slogan, “A Return to Normalcy.” Three different Republican presidents would go on to serve in the 1920’s and all of them supported isolationism and the same economic policies. This government had three important policies to encourage economic growth: Low Taxation: low taxes left consumers with more money to spend on consumer goods and businesses with more money to spend on growth. Laissez Faire: the idea that people and businesses should be left alone by the government and be allowed to spend, earn and grow as they wished. Tariffs: taxes on goods coming into America (imports) meant that people preferred to buy American-made goods. This encouraged growth in American businesses. Do you agree with the policies of the Republican Party in the United States during the 1920’s? Why or why not? Democrats Republican s Low taxation and growing businesses meant Consumeri that people had more disposable income. Advertising in cinemas and newspapers sm and encouraged people to buy the latest gadgets and time-saving inventions such as fridges, the Stock radios and Hoover vacuum cleaners. Sales of clothing, cigarettes and other consumer goods Market in increased too. Larger items were made America available to poorer people buying things on credit and using hire purchase schemes. Growth in business in turn led to growth in the stock market. Shares were available to many Americans and the trading of these many people a lot of money as businesses grew. The selling of shares then provided businesses with more money with which to expand, meaning they could sell more shares. This cycles seemed to be able to create wealth indefinitely. Production Line Activity: BISG Paper Plane Company I need five volunteers: Paper Folder Engineer BISG Wing Designer Technician Wing Folding Specialist Stapler Expert Logo Design Artist Production Lines production line: an arrangement in a factory in which a thing being manufactured is passed through a set linear sequence of mechanical or manual operations. The use of assembly and production lines led to mass production. Mass production is the production of large amounts of standardized products on production lines. The Lost Generation The phrase “Lost Generation” began to be used in the 1920’s to describe the group of people who came of age, experienced and fought in the First World War. The term “Lost Generation” describes the “disoriented, wandering, directionless" spirit of many of the war's survivors in the early postwar period. Many veterans found it impossible to return to “everyday life” after experiencing the horror that they witnessed, and therefore felt a deep feeling of being “lost.” The Lost Generation in Paris From a literary perspective, the phrase “Lost Generation” is a phrase used to describe the group of American expatriate authors who lived and worked in Paris in the 1920’s. These authors included Ernest Hemingway, F. Scott Fitzgerald, T.S. Eliot and Gertrude Stein. Both Hemingway and Fitzgerald were veterans of the Great War. Why do you think these writers and artists decided to move to A Paris street corner in the