The Impact of the Second World War (Grade 11 NSC Matric History): Flashcards

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The Impact of the Second World War
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Result of Roosevelt's 1937 budget cuts

Second phase of economic depression

What did Neutrality Act 1935 prohibit?

Shipment of US weapons to warring countries

Event that forced US into WWII (1941)

Japan's bombing of Pearl Harbor

How WWII ended US Great Depression

Massive govt spending & war production revived economy

How USSR escaped the Depression

Stalin's 'Socialism in One Country' policy

Why Germany vulnerable to US economic collapse

Heavy borrowing from US to pay war reparations

Hitler's policy that reduced unemployment

Rearmament programmes

Drop in Japanese exports 1929-1931

50%

When S. Africa abandoned gold standard

1932

Carnegie Commission (1931) finding on Afrikaners

Nearly 1/3 lived in deep poverty

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