Wednesday, March 3, 2010

Germany and America: Outcomes of WWI and the Depression

Germany:

A the end of the war, they lost a lot. They lost 10% of their land, their military was cut down, and they had to pay reparations for all the winners of the war on top of their own. Germany however could not pay for the reparations and got loans from the US. Germany unlike most of the world however did not suffer much from the Depression. This was because of Hitler who did a great job with controlled wages and prices, government investment, and peace between the capital and laborers.

America:

In America with the end of the war came a new social and cultural change. Women gained the right to vote and also middle class women became known as flappers. Flappers would go to nightclubs, smoke, had short hair, drink heavily, and wear more revealing clothing. They were the beginning to a new era. The war in a way broke America from their old traditional ways. However the Depression caused a great turmoil. When the stock market crashed it was chaotic banks closed down, many people lost their jobs. And because of this any farmer or producer lost a lot too because the prices were too high because everyone seemed to have lost their money due to the banks shutting down. This also caused a lot of farmers produce to go to waste. The President Franklin Roosevelt however tried to end this calamity with a plan called the New Deal.

All my information came from two source:
Strayer
Notes from class

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