Unit 8 Test AP Euro

Weimar Republic

Germany's democratic government post-World War I.

Versailles Treaty

Peace treaty imposing harsh penalties on Germany.

War guilt clause

Article blaming Germany for World War I.

Hyperinflation

Rapid currency devaluation causing extreme price increases.

Great Depression

Global economic downturn beginning in 1929.

Political polarization

Division between extremist groups hindering governance.

Proportional representation

Electoral system leading to fragmented parliaments.

Coalition governments

Temporary alliances among parties to form a government.

Authoritarianism

Concentration of power in a single leader or party.

Global Economic Crisis

Economic collapse affecting Europe in the 1930s.

WWI debt burdens

Financial obligations from World War I impacting economies.

Nationalistic tariff policies

Trade barriers promoting domestic industries at global expense.

Overproduction

Excess supply of goods leading to economic instability.

Depreciated currencies

Reduced value of money affecting trade and investment.

Disrupted trade patterns

Altered global trade routes due to economic conditions.

Wall Street Crash

1929 stock market crash triggering global financial crisis.

Massive unemployment

Widespread job loss during the Great Depression.

Bank failures

Closure of banks due to financial insolvency.

Social unrest

Public disorder resulting from economic hardships.

Keynesian measures

Government intervention to stimulate economic demand.