The Great Depression (AQA GCSE History): Flashcards

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The Great Depression
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Event that triggered Great Depression

Wall Street Crash of 1929

US unemployment peak by 1933

14 million Americans

Name of 1930s economic crisis period

Great Depression

Effect of Depression on international trade

International trade collapsed; US was major market

What US banks did after Wall Street Crash

Demanded immediate repayment of loans to Europe

Japanese export decline 1929-1931

Fell by 50%

Two extremist leaders who rose in 1930s

Adolf Hitler (Germany) & Benito Mussolini (Italy)

What nationalist leaders promised workers

State-run economies guaranteeing jobs

Name of Hitler's campaign for workers

Bread and Work

Groups Hitler blamed for Germany's problems

Jews & foreigners who signed Treaty of Versailles

Why League of Nations weakened during Depression

Countries couldn't afford sanctions or military action

Why economic sanctions became ineffective

Countries desperate to maintain any trade they had

Why military responses became impossible

Countries couldn't afford expensive military intervention

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