The Great depreSSION

Postwar europe

• After World War 1 many European country's went bankrupt. 
• 1914 to 1918 Europe's last absoulute ruler was overthrown. 

Unstable new democracies

• Wars end caused many new democratic governments to rise.
• 1914 to 1918 Europe's last absoulute ruler was overthrown. 
•  coalition government is a group of many political party's
• forming a temporary truce to run the government.  

The Weimar Republic

• Germany's new democratic republic was made in 1919 this government was
• called the Wiemar republic.
• Most citizens blamed the new government for there war time loses.

Inflation Causes Crisis in Germany

• Germany did not increase taxes to pay for war they printed money. 
• 1923 people were taking wheel barrels full of money to buy food.
• Germany was also forced to pay reparations to the allies for war damages. 

Attempts at Economic Stability

• 1923 Germany recovered from inflation thanks to Charles Dawes.
• The Dawes plan loaned Germany $200 million. 
• 1924 the Dawes plan was put into affect.
• by 1929 Germany was producing things just as much as before the war.

Efforts at a Lasting Peace

• 1925 France and Germany leaders met to strengthen relations   
• between the two country's both signed a treaty they would never war again.
• 1928 the "spirit of locarno"  led to the Kellogg-Brand peace pact.