Topics 8.4 & 8.5: Versailles Settlement & Global Econ Crisis

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25 Terms

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Versailles Conference

the meeting of the Allied victors, following the end of World War I to set the peace terms for the defeated Central Powers following the armistices of 1918.

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Woodrow Wilson

U.S. President, who led USA into WWI. He proposed the very idealistic 14 points with the hope of establishing lasting peace and security in Europe.

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David Lloyd George

British prime minister who won reelection on the slogan "Make Germany Pay" and who therefore pushed for a harsh peace settlement after WWI.

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Georges Clemenceau

"tiger of France", the French prime minister who wanted to ensure that Germany would never again threaten France; at the Paris Peace Conference and therefore pushed for punishment and disarmament of Germany.

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reparations

Payment for war damages

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Treaty of Versailles

the peace treaty signed by Germany and the Allied powers after World War I. Germany was forced to sign it without any input.

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Weimar Republic

German republic founded after the WWI and the German people's overthrow of Wilhelm II. It signed the treaty of Versailles and was overthrown by Hitler.

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League of Nations

One of Wilson's 14 points, it was an international organization intended as a forum for nations to resolve their differences without fighting. No power to back up its findings though.

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disarmament

Reduction of armed forces and weapons across all European nations, which was one of the hopes of the Treaty of Versailles.

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Poland

Carved out of the former Austrian, German, and Russian Empires, it was one of the "new nations" formed after WWI. Initially democratic, but was taken over by a dictator.

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Czechoslovakia

New nation carved out of the German Empire by unifying the Czechs and Slovaks into one democratic government.

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Hungary

Carved out of the former Austrian Empire as its own country after WWI, it became increasingly ruled by a strong dictator.

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totalitarian

referring to a form of government in which one person or party holds absolute control (kind of a 20th c. version of Absolute Monarchies).

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Yugoslavia

This country was created after WWI, uniting ethnicities that spoke similar Slavic languages. Held together by a dictator because it had too many different ethnic groups.

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Iraq and Palestine

Carved out of the Ottoman Empire, these two regions were controlled as a mandate by Britain.

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Syria and Lebanon

Carved out of the Ottoman Empire, these two regions were controlled as a mandate by France.

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Great Depression

the economic crisis beginning with the New York stock market crash in 1929 and continuing through the 1930s that contributed to the rise of totalitarian dictatorships.

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gold standard

A monetary system in which paper money and coins are equal to the value of a certain amount of gold which left very little flexibility in economic crises.

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depreciate

to decrease in value

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speculation

Involvement in very risky business transactions in an effort to make a quick or large profit. Too much of this led to the stock market crash of 1929.

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John Maynard Keynes

British economist who argued that for a nation to recovery fully from a depression, the gov't had to spend money on things such as infrastructure projects to encourage investment and consumption rather than work to balance their budget.

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national government

A coalition of the Liberal, Labour, and Conservative parties formed in Britain to deal with the Depression, credited with bringing Great Britain out of the worst stages of the Great Depression

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Popular Front

French government formed in 1936 to combat the rising power of Fascism in France that consisted of all left wing groups. Brought policies that favored/helped workers so that they would not turn to fascism.

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"Big Four"

Woodrow Wilson (US president), Georges Clemenceau (French premier), David Lloyd George (British prime minister), Vittorio Orlando (Italian prime minister) who ran the Versailles Peace Conference.

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Die Diktat

Literally means "The Dictated" and was the German phrase used to describe the Versailles Peace Treaty, which they had no voice in negotiating and were forced to sign.

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