Between the fires

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42 Terms

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gross domestic product

The total value of goods produced and services provided in a country over the course of a single year

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Great Depression

A decline in the world's economy that lasted from 1929 until 1939

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authoritarian governments

A government that favors strict rules and absolute control of the state by one person and a small group of people

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Dawes Plan

a 1924 plan to resolve the issue of World War 1 reparations that Germany had to pay

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inflation

An increase in the supply of currency or credit in relation to the availability of goods and services

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Weimar Republic

The German Government between 1919 and 1933

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Hyperinflation

A period of rapid inflation that leaves a country's currency virtually worthless

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Fascism

An ideology, movement, or attitude that stresses a dictatorial government, state control of private enterprise, extreme nationalism, and elimination of all opposition

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Benito Mussolini

Italian fascist dictator from 1922- 1943

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Labour Party

A left-or center political party formed to represent the interest of ordinary working people in Great Britain

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Conservative Party

A political party promoting free enterprise and private ownership in Great Britain

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coalition government

A government in which two or more parties join forces to rule

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stock market crash

A sudden and steep decline of stock prices

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Tariffs

A duty placed by the government on exported or imported goods

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New Deal

A period of social and economic reforms in the 1930s intended to end the Great depression

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Civilian Conservation Corps

A public work relief program that operated from 1933 to 1942 by the United States for unemployed unmarried men during the Great Depression

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totalitarian

A centralized government in which a single party without opposition rules a nation

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New Economic Policy

An economic policy introduced by Vladimir Lenin that called for cooperation between various groups in Russian society

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Five-Year Plan

An economic plan introduced by Joseph Stalin that eliminated private businesses, increased industrial production, and collectivized agriculture

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Adolf Hitler

German dictator from 1934 to 1945

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Nazi Party

The fascist German national Socialist Party

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Beer Hall Putsch

Adolf Hitler's failed attempt to overthrow the German government in November of 1923 (also known as the Munich Putsch)

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Mein Kampf

A book written by Adolf Hitler in which he describes his political ideas

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Lebensraum

German for "living space" in areas of Poland, the Soviet Union, and other nations that Adolf Hitler claimed the German people needed

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Scapegoat

A person or group of people who is made to take the blame for others and various problems

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Second Republic

A democratic republic in Spain that began in 1931 and was toppled by the Spanish Civil War; the First republic lasted for one year starting in 1873

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Spanish Civil War

A war in Spain between the Nationalist and Loyalists from 1936 to 1939

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Francisco Franco

Spanish general whose armies took control of Spain in 1939 and who ruled as a dictator until his death

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military dictatorship

Someone whose total control over a country's affairs is made possible by personal control over the armed forces

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Purges

To rid a nation or political party, for example, of people considered undesirable

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Global Depression

The war's devastation, the collapse of empires, and the disruption of international finance and trade.

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Economic Impact on the United States

Widespread unemployment, poverty, bank failures, and a sharp decline in industrial production and GDP.

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Economic Impact on Europe

Mass unemployment and a sharp decline in industrial output.

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Vladimir Lenin

Russian revolutionary whose main goals were to lead the Bolsheviks to power, end Russia's participation in World War I, and establish the world's first communist state.

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Joseph Stalin

Dictator of the USSR whose goals were to transform the USSR into an industrial and military superpower through policies like the Five-Year Plans.

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Hideki Tojo

Japanese dictator who rose to power through his military career and nationalist, militarist ideology, aiming to solidify the military's control over the government.

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Kellogg-Briand Pact

A 1928 international agreement that renounced war as an instrument of national policy, signed by 62 nations, but became largely ineffective due to lack of enforcement.

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U.S. Response to the Great Depression

A two-phase approach: initially under President Hoover with a hands-off approach, followed by President Roosevelt's New Deal, which expanded government role in the economy.

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Great Britain Response to the Great Depression

Initially adopting austerity measures, then leaving the gold standard in 1931, which devalued the pound and made exports cheaper.

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Italy's Response to the Great Depression

A push for national self-sufficiency and state intervention under the Fascist government.

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Germany's Response to the Great Depression

A series of ineffective austerity measures under the Weimar government.

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Soviet Union's Response to the Great Depression

Launching the Five-Year Plans to rapidly industrialize and collectivize agriculture.