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Chapter 2: Between the wars
2.1 Prosperity and crisis in the United States
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Chapter 2: Between the wars
2.1 Prosperity and crisis in the United States

Slide 1 - Diapositive

American influences on European society

Cultural
Political
Social
Economical

Slide 2 - Diapositive

Cultural influences

Slide 3 - Question ouverte

Political influences

Slide 4 - Question ouverte

Social influences

Slide 5 - Question ouverte

Economical influences

Slide 6 - Question ouverte

At the end of this lesson...
  • You will know what a consumer society is.
  • You will know what the Roaring Twenties are.
  • You will know how the economical crisis started.

Slide 7 - Diapositive

What did we discuss in the week before the vacation?

Slide 8 - Question ouverte

Name two decisions in the Treaty of Versailles.

Slide 9 - Question ouverte

why was there a high probability that the versailles treaty would have negative consequences?

Slide 10 - Question ouverte

Germany: the main culprit

On 28th June 1919, the Allies signed the Treaty of Versailles. In it was decided that Germany:
  • was not allowed to have an army bigger then a hundred thousand soldiers; its fleet had to be given to the Allies
  • had to give its colonies to France and Britain; Alsace-Lorraine was returned to France
  • had to give up ten percent of its territory
  • had to pay for the damage, caused by the war.
  • had to accept the full blame for WW1 (Alleinschuld)
It was mostly out of an emotion and feelings of revenge that Germany was ordered to pay 132 billion gold marks (around 380 billion euros today) as war reparations, a huge amount. The Germans were astonished that they were not allowed to participate in the meeting. As expected they were outraged when they read the treaty. They felt humiliated and refused to sign it. Eventually they agreed, but only because the Allies threatened to continue the war.




signing of the Treaty on June 18th, 1919, exactly 5 years after the assassination of the archduke Franz Ferdinand in Sarajevo


Slide 11 - Diapositive

Roaring twenties

Slide 12 - Diapositive

Live now, pay later
  • After WW1, the USA was the wealthiest and most powerful country in the world.
  • In the 1920's they became a consumer society. 

Slide 13 - Diapositive

The Roaring Twenties

  • A different name for the 1920's

  • Many changes in the way of life


Slide 14 - Diapositive

Inventions after 1900

Slide 15 - Carte mentale

What is a 'consumer society'?

Slide 16 - Question ouverte

Why is it called the 'Roaring Twenties'?

Slide 17 - Question ouverte

Slide 18 - Vidéo

The economy collapses

  • Until 1929, boundless faith in American economy.

  • Halfway 1929 sales of cars and luxury goods dropped.

  • Stock Market Crash = dramatic and unexpected drop in the value of stocks and shares.

Slide 19 - Diapositive

Stock market crash
1929

Slide 20 - Diapositive

Slide 21 - Vidéo

Meristocracy
  • Michael Young:
  • As labourer you have the right to be rewarded!

Slide 22 - Diapositive

Slide 23 - Lien

If you coudn't afford it, you could buy it on credit.

Slide 24 - Diapositive

Slide 25 - Vidéo

Slide 26 - Vidéo

The stock market
  • Farmers and companies borrowed money to invest.
  • Credit was used to buy stocks on the stock market.
  • The Stock market crashed on Black Thursday 1929.
  • The borrowed money couldn't be paid back.
  • Companies, factories and banks went bankrupt.

Slide 27 - Diapositive

Why did banks and companies go bankrupt?

Slide 28 - Question ouverte

The Stock Market
  • in 1929 the stock market crashed in the USA. 
  • This did not only have consequences for the USA though...

Slide 29 - Diapositive

People became unemployed

Slide 30 - Diapositive

Slide 31 - Diapositive

Poverty arose...

Slide 32 - Diapositive

Slide 33 - Diapositive

World Crisis
  • Because of a world economy
  • Other countries were affected, such as the Netherlands and Germany
  • Countries tried to protect their own economy

Slide 34 - Diapositive

Slide 35 - Lien

The New Deal
  • President Roosevelt changed politics in the USA by starting an active government intervention called the New Deal. 

Slide 36 - Diapositive

He made large projects to give the people a job

Slide 37 - Diapositive

What were the consequences of the stock market crash?

Slide 38 - Question ouverte

Slide 39 - Lien