WWI Aftermath and the Great Depression

Flashcards about the aftermath of WWI, the Peace of Paris treaties, the USA's economic power in the 1920s, the Wall Street Crash, and the economic consequences.

Armistice

Signed on November 11, 1918, marking the end of World War I.

Peace of Paris Treaties

A series of five separate treaties, including the Treaty of Versailles, that addressed the aftermath of World War I between January 1919 and January 1920.

Treaty of Versailles (1919)

Treaty that dealt with Germany's future after World War I.

Treaty of Saint Germain (1919)

Treaty that regulated the break up of the Austro-Hungarian Empire.

Treaty of Trianon (1920)

Treaty that further regulated the break up of the Austro-Hungarian Empire.

Treaty of Neuilly (1920)

Treaty that forced Bulgaria to give land to Yugoslavia and Greece and reduced Bulgaria's armed forces.

Treaty of Severes (1920)

Treaty between the Ottoman Empire and the Allies; the League of Nations and Greece benefitted.

Economic Boom of 1920s (USA)

Period when the USA became the world's largest economic power due to increased demand for customer goods, leading to overproduction and excessive speculation.

Black Friday

A stock market crash that led to many people losing money, factories and banks closing, and widespread job losses. This ended the economic boom.

Wall Street Crash

The stock market crash in 1929 that triggered an economic downturn in the United States. Many people lost their money, and there were food shortages.

National Income Fall (1929-1932)

National income fell by half due to falling prices, leading to lower wages income per head fell by around $200 due to lower wages.

Unemployment Rate During Depression

Unemployment of persons capable of employment rose up to 30% due to businesses suffering and dismissing workers.

Government Projects

Government projects established, emergency relief for the poor people, and agricultural programmes to help farmers revive hope and trust in government and economy.