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Between the World Wars, The Great Depression
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Great Depression
worst economic downturn in the history of the industrialized world, came after the stock market crash and lasted through the 1930s

Inflation
Decline in the value of money combined with a rise in prices (especially the German Marks)

Kellogg-Briand Pact
Major world powers including the U.S. agreed to make war illegal

(Buying on) Margin
A cause of the stock market crash, allowed people to buy stocks by only paying a small percent of the stock price while borrowing most of the money

Black Tuesday
Crash of the stock market that took place on October 29, 1929 - Often times cited as the start of the Great Depression

Franklin D. Roosevelt (FDR)
President of the United States during the majority of both the Great Depression and World War II

Benito Mussolini
Founder of fascism who becomes the dictator of Italy and joined an alliance with Hitler

Fascism
Political movement that promotes extreme nationalism, denies individual rights, and is ruled by a dictator

Black Shirts
Mussolini's police force that helps him maintain his power of Italy

Weimar Republic
Democratic government of Germany following World War I, 1919 and ended when Hitler took power in 1933

Adolf Hitler
German politician who was the leader of the Nazi Party, Chancellor of Germany from 1933 to 1945, and Führer of Nazi Germany from 1934 to 1945

Der Fuhrer
Title taken by Adolf Hitler that means "The Father or the Leader"

Mein Kampf
"My Struggle" - Book that was writing by Adolf Hitler while he was in prison that became the basic blue print for the NAZI party

Aryans
Race of people (European, non Jewish) that Hitler believed to be the superior master race

Treaty of Versailles
Treaty that ended World War I, war guilt and debt placed on Germany, Hitler vowed to overturn

Lebensraum
Term meaning living space to united all German people into a larger Germany

SS
German police group loyal to Adolf Hitler that helped him maintain power

Joseph Stalin
Communist Leader of the Soviet Union who ruled with an iron fist and brutality

Gulags
Forced labor camps set up by Stalin in Siberia. Dissidents were sent to the camps, where conditions were generally brutal. Millions died.

Great Purge
Stalin campaign that used terror and murder to eliminate anyone who threatened Stalin's power - Resulted in the death of millions of people (Bigger than the Holocaust)

Manchuria
Chinese providence that was seized by the Japanese in 1931 - First direct challenge to the League of Nations

Ethiopia
African country that was overtaken by Mussolini's (Italian) armies

Luftwaffe
German air force

Appeasement
Giving into an aggressor in hopes of keeping the peace, policy towards Hitler

Axis Powers
Alliance made up of Germany, Italy, and Japan

Francisco Franco
Fascist leader who came to power in Spain

Isolationism
American desire to avoid military ties with countries in hopes of not having to fight another war

Third Reich
German Empire declared by Adolf Hitler in 1933 that he claimed would last for a 1,000 years

Sudetenland
German-speaking area of Czechoslovakia that Hitler was allowed to take over (Appeasement)

Munich Conference
Meeting between British Prime Minister Neville Chamberlain and Adolf Hitler where Chamberlain agrees to let Germany take control of the Sudetenland (appeasement)