Chapter 14 - World War II and Its Economic Impact

These flashcards cover key concepts related to the causes and impacts of World War II based on the lecture notes.

World War II took place from to .

1939 to 1945.

The Treaty of __ imposed harsh penalties on Germany after World War I.

Versailles.

Germany faced massive __ due to reparations and political instability after World War I.

hyperinflation.

Fascism in Germany was led by the __ party.

National Socialist German Workers.

__ was appointed Reich Chancellor in 1933, leading to his rise to power.

Adolf Hitler

The __ was a military preparation order that violated the Treaty of Versailles.

remilitarization of Germany.

The invasion of __ by Germany marked the official start of World War II.

Poland.

__ staged a fake Polish attack on August 31, 1939 as a pretext for war.

Germany

During the war, Canada faced economic challenges such as shifting civilian output to __ commodities.

military.

The War Measures Act allowed the government to control __ and prices during the war.

wages.

To finance the war, the Canadian government raised money through selling __.

bonds.

The __ was established to promote international monetary cooperation after WWII.

IMF (International Monetary Fund).

Keynes advocated for counter-cyclical fiscal measures to smooth out economic __.

cycles.

In 1941, Canada began rationing common goods like __ due to shortages.

food and gasoline.

Heavy __ in Canada quadrupled between 1939 and 1941 due to war efforts.

manufacturing

By 1943, Canada was planning for __ to ensure economic stability after the war.

demobilization.