AMERICAN IMPERIALISM 1890 1919
TREATY OF VERSAILLES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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focusing on Domestic Policy and not Foreign Policy
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ending traditional alliances
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getting more raw materials from colonies
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working with other countries on a set currency value
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Detailed explanation-1: -By the time of the October 1929 Stock Market Crash, countries such as Germany, Great Britain, Canada and Japan had already fallen into recession. When American credit dried up and banks started to fail, lenders not only stopped lending to Germany, they sought prompt repayment.
Detailed explanation-2: -Overall, there were important adverse effects of World War I on British income levels in the 1920s, working through higher unemployment, lower trade, and a vastly increased public debt to GDP ratio.
Detailed explanation-3: -After the war, the economies of many countries in Europe were in trouble. The price of necessities like food and fuel got much higher. Many people could not find jobs. It took more money to buy the same items than it did before the war.
Detailed explanation-4: -Stock prices collapsed first, by the end of 1919. The downturn in wholesale prices came 6 months later. By the autumn of 1920 a severe industrial depression had developed. Factory employment dropped 30 percent from March 1920 to July 1921.