U8 L7 Post-War Attitudes Flashcards
Did the United States Senate accept or reject the passage of Wilson’s League of Nations?
reject
What was the effect of the US refusing to join the League of Nations?
- lost hope in peace
- no strength to keep international peace
How was the 1920s a prosperous time for the US?
- economy prosperous
- mass production techniques
- jobs plentiful
- increased wages
How was Germany suffering after WWI?
- harsh terms of Treaty of Versailles
- land divided
- pride crushed
- reparation payments
How much was the reparations Germany had to pay?
33 billion dollars
Which countries sent their military forces to Germany to collect the reparations?
France and Belgium
When did the Germany economy collapse after WWI?
1923
What plan did the US devise to help Germany in its economic crisis?
Young Plan
What did the Young Plan do?
- reduce German payments to America to pay other debts
- America invested in German industry so they can repay Euro countries
- they can then repay US
How was the US essentially lending money to itself?
- Euro borrowed money from US
- Euro repaid Euro
- Euro repay America
When did the Great Depression happen?
1929
Did the other world countries also share in Americas Depression?
yes
Why did the US reject the League of Nations?
might lead them into world involvement and war
