Social Studies - 2019-20

WHII.10e - Worldwide Depression

The student will apply social science skills to understand World War I and its worldwide impact by

e) explaining the causes and assessing the impact of worldwide depression in the 1930s;


Adopted: 2015

BIG IDEAS

UNDERSTANDING THE STANDARD

A period of uneven prosperity in the decade following World War I (the 1920s) was followed by worldwide depression in the 1930s that had an impact on many European societies.

ESSENTIALS

Causes of worldwide depression

 German reparations

 Expansion of production capacities and dominance of the United States in the global economy

 High protective tariffs

 Excessive expansion of credit

 Stock Market Crash of 1929


Impact of worldwide depression

 High unemployment in industrial countries

 Bank failures and collapse of credit

 Collapse of prices in world trade

 Nazi Party’s growing importance in Germany; Nazi Party’s blame of European Jews for economic collapse


KEY VOCABULARY

Terms:

Great Depression

Totalitarianism

Fascism

Nazi Party

Five Year Plans

Great Purge

Collectivization

Protective tariff

People:

Hitler

Mussolini

Stalin

Tojo

Places:

Germany

Italy

Soviet Union

Japan


Updated: Jun 01, 2018