18 - interwar period

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Last updated 12:19 AM on 1/30/26
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45 Terms

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hyperinflation

Extremely rapid inflation that causes a country’s currency to lose value quickly.

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consumerism

The belief that buying goods and services in large amounts drives economic growth.

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protectionism

Government policies that limit foreign trade to protect domestic industries.

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black thursday

October 24, 1929; the major stock market crash that helped trigger the Great Depression.

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great depression

A worldwide economic collapse during the 1930s marked by mass unemployment and poverty.

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welfare state

A system where the government provides social services like healthcare, pensions, and unemployment aid.

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franklin d roosevelt

FDR - U.S. president who led the country during the Great Depression and WWII.

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new deal

FDR’s programs aimed at economic recovery, job creation, and social reform.

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John Maynard Keynes

Economist who argued governments should spend money to stimulate the economy during downturns.

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deficit spending

When a government spends more money than it collects in taxes.

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smoot hawley tariff

U.S. law that raised tariffs on imports, worsening the Great Depression.

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fascism

An authoritarian political system emphasizing nationalism, dictatorship, and control of society

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adolf hitlerz

Leader of Nazi Germany and dictator during World War II.

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benito mussolini

Fascist dictator of Italy from 1922 to 1943.

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corporatism

Economic system where the state controls cooperation between businesses and labor groups.

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Il Duce

Title meaning “The Leader,” used by Mussolini.

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blackshirts

Mussolini’s paramilitary followers who enforced fascist control in Italy.

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francisco franco

Dictator of Spain after winning the Spanish Civil War.

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spanish civil war

Conflict (1936–1939) between Republicans and Nationalists led by Franco.

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popular front

Coalition of left-wing groups opposing fascism in Europe.

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guernica

Spanish town bombed by German forces; became a symbol of civilian suffering.

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basque region

Area in northern Spain with a distinct culture and language.

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hideki tojo

Japanese prime minister during most of World War II.

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emperor hirohito

Emperor of Japan during World War II.

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rape of nanking

Mass violence committed by Japanese troops in China in 1937.

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gestapo

Nazi Germany’s secret police.

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propaganda

Information used to influence public opinion, often biased or misleading.

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third reich

Nazi Germany from 1933 to 1945.

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luftwaffe

German air force under the Nazis.

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Lebensraum

Nazi idea of expanding German territory for living space.

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sudetenland

German-speaking region of Czechoslovakia taken by Nazi Germany.

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mein kampf

Hitler’s book outlining Nazi ideology and goals.

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appeasement

Policy of giving in to demands to avoid conflict.

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Neville Chamberlain

British prime minister who supported appeasement.

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edouard Daladier

French leader who supported appeasement at Munich.

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Anschluss

Nazi Germany’s annexation of Austria in 1938.

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Munich Agreement

1938 agreement allowing Germany to take the Sudetenland.

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Nuremberg Laws

Nazi laws that stripped Jewish people of rights.

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Ghetto

Section of a city where Jewish populations were forced to live.

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Kristallnacht

1938 Nazi-led attacks on Jewish businesses and synagogues

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Joseph Stalin

Dictator of the Soviet Union after Lenin.

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Five-Year Plan

Soviet economic plans to rapidly industrialize.

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Collectivization

Forcing farmers to work on state-controlled farms

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Totalitarianism –

System where the government has total control over society

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gulag

Soviet labor camp system used for punishment and imprisonment.