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5 Cards in this Set
- Front
- Back
When was the wall Street crash? |
October 1929 |
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What was the wall Street crash? |
It was the beginning of a world wide economic recession? |
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What happened because of the crash? |
Decrease in production and trade Steep rise in unemployment especially in Germany |
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What did world depression do? |
-Reduced inclination of league members to impose economic sanctions. World markets were shrinking and all countries wanted to maintain their existing trade contacts -brought extremists to power in Germany who were committed to destroying Versailles settlement -encouraged militarism in Japan -put pressure on countries to find new markets and sources of raw materials -put pressure on governments to cut expenditure to balance the books |
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What did the great depression do to the league? |
It made the work of the league very difficult |