Isolationism In Ww2

The Great Depression did not only affected United States but also all over the world in late 1920s and early 1930s. Germany was demanded to pay reparations in return after defeated World War I due to the Treaty of Versailles. German economy was devastated after the war, and the Great Depression. Adolf Hitler gained power during this period announcing rebuild Germany’s military forces. In 1938, Germany began annexing neighboring countries such as all of Austria and most of Czechoslovakia. Most importantly, attacking Poland in September 1939 was the catalyst of the Second World War. Japan, one of the Axis member, also had same strategy as German did to neighboring countries. Japan already conquering Korean Peninsula since 1910s. They robbed …show more content…
United States were keeping neutrality and isolationism during early World War II period. The isolationism was derived from both the Great Depression and the memory of tragic losses in the First World War so that United States tend not to involve in conflicts occurring in Europe and Asia. From 1935 to 1937 U.S. government continued arms and loans embargo and put all trade with belligerent nations on a “cash and carry” basis. What they intend from that policy was that “If a war comes, if a country want to buy whatever they need, they have to pay in cash.” Fear was also the big portion of the reason why the U.S. afraid of engaged to the war because Americans had gone through World War I with many loses like sunken ships by German submarines. Not only they lost its citizens, but also they lost profits from trading through …show more content…
The start of the Great Depression was late October 1929 that occurred the Black Tuesday so called The Wall Street Crash of 1929. This crush signaled the beginning of the ten years Great Depression that affected all Western industrialized countries. U.S. Unemployment rates of late 1920s and early 1930s are estimated approximately over 20 percent. It was a harsh time for every Americans. The unemployment has reached about 24 percent by 1932, and it peaked in early 1933 at 25 percent. More than 5,000 banks had failed. Hundreds of thousands of American found themselves homeless. And drought persisted in the agricultural heartland. According to Christina D. Romer’s essay “What Ended the Great Depression,” she argues that government spending on World War II caused accelerated recovery from the Great Depression. And it also helped in reducing unemployment because they needed labor to produce war materiel and for the army. It lead the U.S. unemployment rate down below 10 percent after 1941. U.S. GDP also increased over 600 billion dollar from 1938 to 1945: 800 billion to 1474 billion. It was perfect way of escaping from the economic