CHAP 1: The impact of the Crisis of 1929

worldwide economic depression

worst economic downturn in the history of industrialized world 1929 to 1939

Wall Street crash

October 1929

american Dawes plan

1924- 1929

smooth hawley tariff act

17 June 1930

London world economic conference

June 12 to July 27 1933

Protectionism

economic policy of protecting domestic industries against foreign competition by using tariffs on imported goods, and other government regulation → reduces trade

Abnormal importation act

1931

Liberal order

when international relations are organized around principles of:

-international corporation (through multilateral institution, security, corporations

-open markets

-promotion of democracy

Isolationism

opposition to political and diplomatic entanglements with other countries

Appeasement

policy of making concessions to the doctoral powers in order to avoid conflict

US neutrality acts

1935 to 1939

American isolationism

1930s

Benito Mussolini’s fascist regime

October 1922

Adolf Hitler elected chancellor

30 January 1933

publication of “Mein Kampf”

July 1925 in prison

The Manchurian crisis

1931

Japan leaves the League of Nations

1933

Leon Blum in French Government

May 3rd, 1936

Weimar Republic

1918-1933

economic nationalism

ideology that prioritizes state interventions in the economy and a set of practices to create →opposes to globalisation and free trade→ favors protectionism

consequences of BA

encouraged H to be aggressive and G to be too strong, too much trust on H’s promises, scared the USSR

johnson act

1934 = american citizens can’t lend money to other countries that didn’t pay their war debts

act of 1935

general embargo on trading arms and war meterials with all parties at war

act of 1936

renewed the act from 1935 for 14 monts + forbade all loans or credits to belligerants

act of 1937

from non munitions sales to a cash and carry basis (belligerents had to pay in advance then export goods in their own ships)

act of 1939

o   allowed the US to seel munitions on a cash and carry basis

CONSEQUENCES OF GREAT DEMOCRATIC POWER RELUCTANT TO DEFEND THE LIBERAL ORDER

people are lost and want national unity, strong leadership

H came first with 37,27%

July 1932

countries defeated by WWI

Germany, Hungary, Austria

manchurian crisis

1931