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The Western Democracies Stumble. Chapter 16 – Section 2. Do Now: Monday 4/1/13. “They used to tell me I was building a dream With peace and glory ahead--- Why should I be standing in line, Just waiting for bread? Once I built a railroad, I made it run, Made it race against time. - PowerPoint PPT Presentation
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The Western Democracies
StumbleChapter 16 – Section 2
Do Now: Monday 4/1/13“They used to tell me I was building a dream
With peace and glory ahead---Why should I be standing in line,
Just waiting for bread?
Once I built a railroad, I made it run,Made it race against time.
Once I built a railroad, now its done --- Brother, can you spare a dime?”
What do you think these lyrics are about?
Postwar PoliticsEconomic problems led to social unrestNeeded to find jobs for returning veterans
Irish Independence1914: home-rule bill shelved when war beganEaster 1916
small group of militant Irish nationalists launched a revolt against British rule
Quickly suppressed by British caused wider support for Irish independence
1919 Parliament failed to grant home-rule again Irish launched guerilla war against British forces and
supporters1922 agreement was madeMost of Ireland became self-governing Northern counties, largely Protestant, remained under
British rule
“The Red Scare”
Fear of the Bolshevik Revolution in Russia set off a “Red Scare” in the U.S.
Police deported suspected foreign born radicals
Growing demands to limit immigration
The Great DepressionLate 1920s in the U.S. & spread to the rest of the world
Demand for raw materials & agricultural products skyrocketed during the war – demand & prices fell after the war
Overproduction slow in production less workers needed
Financial mismanagement
Prices on stock exchange were all time high
Federal Reserve increased interest rates in 1928 and 1929
Did not work people became afraid to invest hurt demand
Fall 1929 Stock prices crashed – wiping out fortunes of many investors
Depression SpreadsAmerican banks stopped loans
abroadDemanded repayment of foreign
loans.Without U.S. support, Germany
could not make reparation paymentsFrance and Britain could not make
loan paymentsU.S. raised tariffs to protect
economyBackfired when other nations raised
their tariffs
FDR & The New DealGovernment was needed to
combat the Great DepressionEconomic and social programsFederal government became
more directly involved in people’s everyday lives than ever before
Social Security system pension for elderly
1934 Dust BowlNew Deal did not end the
Great Depression, but it eased the suffering for many
Portrait shows Florence Thompson with several of her children in a photograph known as "Migrant Mother". The Library of Congress caption reads: "Destitute pea pickers in California. Mother of seven children. Age thirty-two. Nipomo, California."
ConsequencesAs the Depression continued people lost faith in
democratic governments’ ability to solve problems of the modern world
Despair in Europe intensified Extremists promised radical solutionsBenito Mussolini, Joseph Stalin, Adolf Hitler
Homework DUE: Wed. 4/3
Section 2 Packet Western Democracies Stumble
All Checkpoints & #3, 4, 5