31.2
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The document summarizes events in post-World War I Europe and the early 20th century global economy. It describes the immense human and economic toll of WWI in Europe. It then discusses the establishment of Germany's fragile Weimar Republic in 1919 and the country's weak economic situation. Finally, it outlines the 1920s Financial Collapse that caused widespread unemployment and economic crisis around the world, known as the Great Depression, as stocks became worthless and currency devalued.
31.2
- 1. 20th Century History Kimberley Chen 5 th Period
- 2. Post-war Europe The influence of World War I was immense in both human suffering and economic in Europe. In the UK two of the most important restorations have been the House of Commons in Westminster Palace after WWI.
- 3. Weimar Republic • Germany’s new democratic government was set up in 1919. Germany is experiencing a process that its economic is Paper money is so inexpensive that time. People really weak. have to pay a lot to get only a cabbage.
- 4. Financial Collapse • The US’s economic is really weak and it influences the other countries in the world. The whole world is experiencing a huge Economic danger. Paper money is so inexpensive that time, People choose to burn their money instead of using it.
- 5. Great Depression The Financial Collapse caused unemployment in US and even in the whole world because stocks is worthless and the money they have is inexpensive. It is really hard for people to find a job because Financial Collapse.
- 6. The World Confronts the crisis • Different countries took steps to recover their weak economic. The world got out of the crisis. Franklin D. Roosevelt proposed the New Deal to help recover US’s Economic problem.