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Europe Post-WWI

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Page 1: Europe Post-WWI. Economic Uncertainty Only Japan & U.S.A emerged from WWI financially stable U.S. Loans Nearly every European nation is bankrupt,

Europe Post-WWI

Page 2: Europe Post-WWI. Economic Uncertainty Only Japan & U.S.A emerged from WWI financially stable U.S. Loans Nearly every European nation is bankrupt,

Economic Uncertainty

Only Japan & U.S.A emerged from WWI financially stable

U.S. Loans

Nearly every European nation is bankrupt, and Europe’s domination in world affairs declines.

Page 3: Europe Post-WWI. Economic Uncertainty Only Japan & U.S.A emerged from WWI financially stable U.S. Loans Nearly every European nation is bankrupt,

Ineffective Government

Fledgling Democracies in Germany, and Austro-Hungarian countries.

Parliamentary countries with too many parties (France, Italy)

Weimar Republic

Coalition governments pave the way for authoritarian leaders later

Page 4: Europe Post-WWI. Economic Uncertainty Only Japan & U.S.A emerged from WWI financially stable U.S. Loans Nearly every European nation is bankrupt,

Weimar Problems

No German tradition of democracy

Too many parties to effectively govern

Blame by people for losing wwi, and accepting the Treaty of Versailles

Page 5: Europe Post-WWI. Economic Uncertainty Only Japan & U.S.A emerged from WWI financially stable U.S. Loans Nearly every European nation is bankrupt,

German Economy

Hyper Inflation: By 1923 $1=4 trillion Marks

Dawes Plan: $200M loan from the U.S. Rescheduled reparations payments.

Dawes plan works

Page 6: Europe Post-WWI. Economic Uncertainty Only Japan & U.S.A emerged from WWI financially stable U.S. Loans Nearly every European nation is bankrupt,

Lasting Peace?

France & Germany agree to never make war against each other again

Germany is admitted to the League of Nations

Kellogg-Briand peace pact: “Renounce war as an instrument of national policy”


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