what was happening around the world politically
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What Was Happening Around the World Politically. Jimmy Ancona & Sean Oushana. America. The Great Depression originated in The United States A common misconception is that Black Tuesday and the stock crash caused the unemployment and lack of family income. - PowerPoint PPT PresentationTRANSCRIPT
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What Was Happening Around the World Politically
Jimmy Ancona & Sean Oushana
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America• The Great Depression originated in The United States• A common misconception is that Black Tuesday and the
stock crash caused the unemployment and lack of family income.
• The New Deals called for money to be insured and that it would get paid back if lost.
• FDR passed several programs to create Jobs• Employment and average income increased.• World War II would get us out of the depression.
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England• Still Recovering from World War I• America’s depression spread around the world.• To balance the budget September 10th, 1931 Philip Snowden,
Chancellor, issued an emergency budget, which immediately instituted a round of cuts in public spending and wages
• This caused a mutiny in the Royal Navy• Winston Churchill was appointed minister when World War II
started
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Japan
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Germany• Was about 10$ Billion in debt after World War I• Unemployment soared, especially in larger cities, and
the political system veered toward extremism• Hitler was a rising politician who became popular during this
recesion, mainly because of his book, “Mein Kampf”• He became chancellor in 1933, but was favoring anti-semitism
and made a New Nazi party• He gained territory which eventually led to World War II
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Italy
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Work Cited• Glassman, Bruce. The Crash of '29 and the New Deal. N.p.:
n.p., n.d. Print.• Hakim, Joy. A History of US. 3rd ed. New York: Oxford UP,
1993. Print.• Nash, Gerald D., and Gerald D. Nash. The Crucial Era: The
Great Depression and World War II, 1929-1945. New York: St. Martin's, 1992. Print.