remember… think back to 1929… the stock market just crashed! president hoover didn’t do much...

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Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from bad to worse Then from worse to even more worse An important note American’s began to believe capitalism had failed and maybe another system would be better.. Communist parties began to spring up… “A do nothing”

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Page 1: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

Remember…

Think back to 1929…The stock market just

crashed!President

Hoover didn’t do much to help..

THE GREAT DEPRESSION had

begun…

Things went from bad to worse

Then from worse to even more

worseAn important note …American’s began to believe capitalism had failed and maybe another system would be better.. Communist parties began to spring

up…

“A do nothing”

Page 2: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

Along came FDR

Promising American’s “A New

Deal”He started programs to put people to work again (Recovery)

WPA, CCC, TVA, ETC

Also programs to build confidence

in America (Reform)

Like:

LikeFDIC NRA

FDR was very popular and won re-election in 1936 by a landslide.

Page 3: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

So…

How well did the “New

Deal” work

It did:

Create jobs

Make improvements like bridges & DamsRelieve anxiety

End panic

Most importantly…It restored

faith in America

Page 4: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

But…Deficit

spending (spending $ you

don’t have –borrowing-credit)

couldn’t go on foreverSomething

needed to happen to get the

economy rolling…

WWII

Officially began in Europe in Sept.

1939The USA was officially

“neutral” but recognized the Business

opportunity the war presented:

Factories began to crank!People began to work!

Planes ! Ships ! Tanks ! Boots !

The economy boomed into full production!

The depression has ended !

Page 5: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

Meanwhile, in Europe…

The Treaty of Versailles was turning out to be a big problem because:

•It blamed Germany for the war•It made Germany take responsibility for causing the war•Germany was made to PAY for the allied troops to stay in Germany to keep them (Germans) under control- for 15 years!•German military was limited•Germany had to pay the allies back for WWI - $33 million•The German Gov’t was forced to sign the treaty under threat of attack

Page 6: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

Naturally, most German people were unhappy

about the Treaty of Versailles.

These bad feelings festered & the German people

became resentful

Ticked off @ the allies the German people began a “German Pride” movement aka German Nationalism

One activist, Adolph Hitler, started a political party called the “Nazis”

Hitler gained

power in 1933, just

as FDR became Pres in the US

Page 7: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

Hitler & The Nazis

Had a plan…

German Purity & SuperiorityUnite all persons of German ancestry in one nation.Ridding Germany of “inferiors”.

Hitler & the Nazis used…

propaganda fear terror

And Total Control to achieve their goals.

Page 8: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

Fresh off WWI

France, Great Britain & the US followed a plan

of appeasement

(to satisfy; pacify)The Allies did nothing

when:Hitler began to build a military

Hitler sent troops into

the Rhineland

Hitler made Austria part of

GermanyHitler made ½ of Czechoslovakia part of Germany

Hitler made the other ½ of

Czechoslovakia part of Germany

Page 9: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

Hitler made friends…

Italy (Mussolini)&

Japan (Hirohito)These formed the

“Axis” powers of WWII“appeasement” ended in Sept. 1939 When Hitler invaded Poland.France & Britain declared war on Germany & WWII

was on

The USA remained neutral

Page 10: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

You know …

The old trade thing.

US business make $ producing:

tanks planes guns

And just about every other item the

nations of Europe couldn’t produce

because they were busy fighting

Finally the US

Had jobs!

Businesses made profits

Stock prices rose.

Farmers could sell products

Good economic times were back..

Page 11: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

WWII began in Sept. 1939 when

Hitler invaded Poland.

Meanwhile, in Japan…

1920’s - Japan had peace & prosperity, building an economy based on trade.

Raw materials

Manufactured goods

1930’s The great depression hit hard in Japan..Trade stopped Factories closedJobs were scarce

Page 12: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

The Japanese Gov’t failed to solve the crisis

(much like Hoover)Japanese

“Nationalists” argued that Japan should

have taken colonies when the western

powers did.

More raw material and more markets to sell finished products

Better late than never.

So…Military leaders began to gain more power.They followed the doctrine

of militarism (the glorification of military and

readiness for war.

Page 13: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

Emperor Hirohito gained the support

of the military.

Hirohito & the military promoted the idea that

Japan had a special Mission:

Free Asian Nations from western imperialism.

Japan made friends with

Germany & Italy

Influence of Great Britain, France & The US

As Germany over-ran France, Japan

took over the French colony of

Indochina (Vietnam

Page 15: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

So let look at the Axis of WWII

Conditions in the countries were

BAD!

poverty unemployment

inflation

The causes…Someone else's faultGermany – treaty of Versailles (France, Great Britain & USA)

Japan- Western Imperialism is

exploiting Asian resources & markets

Italy- The treaty of Versailles-

everyone on the winning side of

WWI gets spoils of war EXCEPT

ITALY!

Page 16: Remember… Think back to 1929… The stock market just crashed! President Hoover didn’t do much to help.. THE GREAT DEPRESSION had begun… Things went from

The Solution…

New leadership to restore

national pride

Germany - Adolph Hitler

Hirohito - Japan

Mussolini - Italy

This leadership based on national pride is

called Fascism. Fascism