Chapter 28

Main

Economic consequences of peace (Keynes)

1919

John Maynard Keynes was one of the leading economists at this time and his book warned of the destructive consequences of reparations. His predictions came true with high German inflation and inability to pay debt.

Rutherford splits the atom

1919

This is one of the break throughs in physics during this time. He was able to separate a large nucleus to give off large amounts of energy. This led to the work on the first atomic bomb.

Treaty of Versailles

1919

This was the treaty that had ended WWI. It was the leading factor in the post war world. America failed to pass it and became isolationist. Germany had to pay large reparations to France which only worsened their chance of rebuilding an economy.

surrealism & deidaism

1920 - 1930

These were the dominant forms of art during this time. They reflected the post war world of uncertainty and fear. Most artists expressed these forms in their pieces.

Dawes plan

1924

This was proposed by an American banker in that Germany would gradually pay off their reparations and reasonable amounts. The US would then promote recovery in Germany through large loans. America would pay Germany money, and they would then give it to France and Great Britain.

German armies join League of nations

1926

The league of Nations was first founded under the treaty of Versailles as a way to somewhat maintain the peace in Europe, despite how weak it was. Germany's joining was a symbol of German growth and peacefulness

Kellogg Briand Pact

1928

This was a pact signed by about 15 other countries which renounced war as an instrument of policy and government. The signing states agreed to solve disputes peacefully and it promoted a sense of optimisim

great depression

1929 - 1939

This was the horrible economic downturn Europe. It began with the crash in the American stock market and struck everywhere else. Great Britain and France were hit hard and so were other countries. Recovery was not seen until the end of the decade and capitalism lost favor.

Vander Rohe at Bauhaus

1930

Van Der Rohe was a very famous architect in Europe. He designed many building in Chicago for schools and the city. Bauhaus was a school in Germany that was specific to the arts. It attracted all kinds of architects and artists under one roof to collaborate on pieces.

Franklin Roosevelt elected

1932

FDR was one of the most profound American president. He took office during the Great Depression and was able to revive it through large public works programs. He was also the president all through out the second world war.

creation of WPA

1935

This was one of the many public works programs that FDR created during his time. It reduced unemployment by hiring people to do jobs for the government.

popular front in France

1936

The popular Front in France was the rising socialist party. Socialism was a growing trend in all the countries and they gained continual support due to the poor economic conditions.