Ch 34 - An Age Of Anxiety Flashcards
(41 cards)
The notion that space and time are relative to the person measuring them was first articulated in
Einstein’s theory of relativity
In the years following WW1 the idea of progress was
Roundly attacked
American expat writers were known as? Name two writers
Known as the lost generation; Hemingway and Fitzgerald
Werner Heisenberg did what?
First discovered the uncertainty principle
The father of psychoanalysis was?
Sigmund Freud
According to Sigmund Freud the root of neurotic behavior was?
A conflict between conscious and unconscious mental processes
What were the attacks on progress in postwar pessimism?
People began to question democracy and if war is actually progress
What is Bauhaus?
Architecture influenced by design and art for urban-industrial landscape
Why did art have so much variety now?
Artists didn’t like realism anymore and were concerned for their freedom of expression.
Why was realism no longer needed? What was art being used for now
It was replaced by cameras; art began to be used to express
As industry improved less _________ were needed
Raw materials
No more raw materials needed —-> too much _________ ——-> not enough __________ ——> lower prices
Supply; demand
Farmers couldn’t afford to buy ____________ —–> businesses cut back on production ——-> unemployment increased
Manufactured goods
Reasons for Great Depression
Germany and Austria relied on US loans for was reparations
France and Great. Britain used reparations to repay their US loans
US banks withdrew capital from Europe
Why did the US withdraw from European investments?
Their money had cycled and they were being payed back their loans with their own money
What happened on Black Friday?
US stock market crashed as all investors sold stocks while before they decreased in value
Why did Germany and Japan suffer during the Great Depression?
Because they were dependent on exports to import fuel and food
What were the consequences of the Great Depression ?
People bought things made in their own country
Higher tariffs on things made in foreign countries
Prohibition on other countries selling in the US
Lots of personal suffering in the form of
Losing jobs, savings, homes, dignity, and hope
2 government responses on capitalism
- government did nothing
2. Govt focused on balancing budget and stopping public spending
Keyne’s solution?
Government should stimulate the economy by increasing the money supply (print more) to lower interest rates and encourage people to invest; also encouraged public works projects
FDR believed in:
Creating jobs, farm subsidies, collective bargaining, minimum wage, social security
New Deal’s fundamental idea
The government should intervene to protect the social and economic welfare of the people.
Russia held the rule by the ________
Italy and Germany had ________ as a replacement for social and democracy
Proletariat, fascism
