Economic Crisis after World War 1
What country became the world's leading industrial power
USA
October 24th 1929 when the stock market crashed became known as
Black Thursday
The democracies formed after the first world war can be dscribed as
fragile
Who did the italian fascism reflect in its idealogies
Benito Mussolini
What is the capital of Italy
Rome
Name two reasons for the difficulties Europe had to adapt from war to a peacetime economy
Destruction from war, inflation, high unemployment rate
Name the primary two causes of the 1929 stock market crash
Overproduction and Speculation
What did middle and upper classes fear in these democratic regimes
Worker and peasant uprisings and a communist revolution
Name two of the main characteristics of Italian Fascism
Opposition to democracy and communism
Nationalism and inequality
State-controlled economy
Propaganda
Single party
Militarism
What President created the New Deal
Franklin D Roosevelt
The decade of industrial growth, rise in standard of living and birth of consumer society in the USA became known as...
The roaring twenties
How did the Great Depression in the US harm the rest of the world(give one reason)
The United States reduced it's imports harming countries that supplied the US with raw materials.
Banks in the US withdrew their investments from Europe
Name two countries where dictatorial regimes emerged
Italy, Spain, Hungary, Poland, Yugoslavia and Portugal
Benito Mussolini's fascists were known as
blackshirts
Name the most notable totalitarian regimes of the 1930s
fascism in Italy, Nazism in Germany, Stalinist dictatorship in the USSR
How did the economic situation in Europe improve?
British and American investment
Name two aspects of the New Deal
Public works: create employment and stimulate investment by large companies
Farming subsidies: farmers were paid to produce less so that prices would rise and profits would increase
Improved working conditions: these included a shorter work day, a minimum wage and unemployment insurance
Restructuring of financial system: stimulate the US economy
Why did people lose confidence in deomcracy and the traditional political parties
Crash of 1929
War and military conquest were glorified in Italian fascism, they aspired to create a ...
New Roman Empire
What classic book is based in the roaring twenties
The Great Gatsby
What aspects of homes in the United States would be considered the "American Way of Life" in the 1920s
Appliance payment plans, appliances like fridges, oil furnace, toaster, vacuum
Growth of Suburbs
Why did the League of Nations conference called the London Economic Conference in 1933 fail
Because each country only defended it's own interests
Name the parties each side of the political spectrum supported(left and right)
Left: Communist parties
Right: Extreme right wing and new fascist parties
The state launched the Institute for Industrial Reconstruction in order to ...
increase production and make Italy an economic autarky
What two countries did Italy occupy in the fascist dictatorship
Ethiopia and Albania