International Anarchy and the Ambitions of Germany and Japan (HSC SSCE Modern History): Flashcards
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Economic units in Europe: 1914 vs 1920
Economic units in Europe: 1914 vs 1920
Increased from 20 (1914) to 27 (1920)
Economies of scale
Economies of scale
Cost advantages from large-scale production and trade
Economic nationalism methods (3)
Economic nationalism methods (3)
Tariffs, import quotas, government subsidies
USA's contradictory 1920s economic policy
USA's contradictory 1920s economic policy
Import protectionism + export expansionism
New banking centre replacing London
New banking centre replacing London
Wall Street
Dawes Plan year
Dawes Plan year
1924
Period of relative European prosperity
Period of relative European prosperity
1924-1929
US foreign trade as % of GNP (1929)
US foreign trade as % of GNP (1929)
Less than 10%
French occupation of the Ruhr year
French occupation of the Ruhr year
1923
Trade surplus shift away from Europe toward...
Trade surplus shift away from Europe toward...
USA and Japan