HISTORY
WORLD WAR I AND THE RUSSIAN REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Imperialism
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Treaty of Versailles
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Great Depression
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Invasion of Nanking
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Detailed explanation-1: -During the 1930s FASCIST, FASCIST-like and other authoritarian regimes were established all over Europe. Totalitarianism was thriving in more and more parts of the continent. Democracy was retreating.
Detailed explanation-2: -The lingering effects of World War I (1914-1918) caused economic problems in many countries, as Europe struggled to pay war debts and reparations. These problems contributed to the crisis that began the Great Depression.
Detailed explanation-3: -In response, European countries tried to be as “good as gold"; they raised interest rates and tried hard to prevent the national budget from sliding into deficit, with the aspiration of attracting back some of the foreign investment they had lost.
Detailed explanation-4: -Among the suggested causes of the Great Depression are: the stock market crash of 1929; the collapse of world trade due to the Smoot-Hawley Tariff; government policies; bank failures and panics; and the collapse of the money supply.