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causes of the great depression
war debt
nationalistic tariff policies
overproduction
speculartion
speculation
borrowing money to pay for stocks
dawes plan
germany paid only reparations it oculd afford
invested us dolars into german recovery
kellogg briand pact
renounced war as an instrument of political change
us stock market crash
stock market crashes and doesn’t rebound
how does the stock market crash affect europe
us can no longer afford to financially aid germany + rest of europe
john maynard keynes
kenysian system
government spending will increase customer demand and correct the economy
government is responsible for repairing the economy
welfare state
social safety nets paid for by govts in europe
national govt
british govt forms an alliance between conservative and liberal parties in order to repair the ceonomy
popular front
lefits parties in france combine to govern and defend against fascism
ultimately fail, leaving france in economic disrepair