Interwar Period Between World Wars
Interwar Period Between World Wars
Interwar Period Between World Wars
1919 - 1939
Saeed Memon
Madam Shaista Zafar
Area Study Centre for Europe
Treaty of Versailles
Extremely harsh conditions
Significant territorial concessions
Huge reparations
Severe limitations on military
German admission of responsibility for war
Reparations
269 billion gold marks ($64 B then, $834 B today)*
Later reduced to 112 B gold marks ( $26.6 B) (1929)
Equivalent to $360 B today *
Many feel this led to the economic collapse of the
1920s that sewed the seeds of Fascism
Treaty of Versailles
Military Provisions
Europe, post-1919
Fascism in
Italy
The Fascists :
Tended to be veterans who opposed Versailles settlement
Organized into armed bands; wore distinctive black shirts
Tended to be anti-union, violently breaking up meetings
Led by Benito Mussolini: opportunist, self-promoter,
nationalist
Gained support as centrist parties unable to halt economic
downturn: 1919-21
Components of Fascism
The State is paramount
Fascism is for liberty the liberty of the
State and of the individual within the State.
The keystone of Fascist doctrine is the
conception of the State, or its essence, of its
tasks, of its ends. For Fascism the State is
an absolute before which individuals and
groups are relative.
The Fascist State has a consciousness of its
own, a will of its own, on this account is
called and ethical state.
Corporatism
Nationalism
War as the natural state of society
Promotes foreign expansion: Ethiopia, Albania
Problems in Germany
The punishment of Germany goes too far
and cripples their post-war economy in
1923
Hyperinflation occurs
German money is worthless (when the general
price level rises, each unit of currency
buys fewer goods and services)
Hitlers rise in
Nazi
The Nazi
Party
Aryans/Germans
Semi-Aryans (Scandinavians)
Himmler spoke of
the war in the east
as a war of
extermination.
Emergence of a Global
Economy
Germanys hyperinflation means it cannot
pay war reparations to the winners of WWI
What effect will this have on those economies?
Causes of Worldwide
Depression
German reparations
Expansion of production capacities and
dominance of the United States in the global
economy
Britain and France owed huge war debts to the U.S.
Better technologies allowed factories to make more
products faster, leading to overproduction
Benito Mussolini
1922
Country: Italy
Type of Government: Fascism
(dictatorship)
Goals and Ideas:
Centralized all power in himself as
leader (total control of social,
economic, and political life)
Ambition to restore the glory of Rome
and create a vast Italian empire
Invasion of Ethiopia
Alliance with Hitlers Germany
Il Duce
Joseph Stalin
1924
Adolf Hitler
1933
Country: Germany
Type of Government: Nazism
(dictatorship)
Goals and Ideas:
Inflation and depression weakened
the democratic government in
Germany and allowed an opportunity
for Hitler to rise to power
Believed the western powers had no
intention of using force to maintain
the Treaty of Versailles
Anti-Semitism: persecution of Jews
Extreme nationalism: National
Socialism (aka Nazism)
Aggression: German occupation of
nearby countries
Lebensraum: unite all German
speaking nations
Anschluss: German union with
Austria
Hideki Tojo
Country: Japan
Type of Government: Militarism
Goals and Ideas:
Though Japan had an emperor, the
military had taken control of the
government
Emperor Hirohito could not stand up
to the powerful generals, but he was
worshipped by the people, who often
fought in his name
Industrialization of Japan, lending to
a drive for raw materials how do
you get raw materials? IMPERIALISM
Japan conducted aggressive
imperialistic policies in Asia: invasion
of Korea, Manchuria, and the rest of
China (the League of Nations did
nothing)