GLOBAL INDUSTRIALIZATION

(Really US, Europe, & Japan)

OVERPRODUCTION WORSENED LIVING & WORKING CONDITIONS

ECONOMIC INSTABILITY CALLS FOR RISE OF ANTI-CAPITALISM

REFORM
(PROGRESSIVISM)
NEED FOR FOREIGN MARKETS

EXPANSION OF COMMUNISM
SOCIALISM
COLONIAL EMPIRES GOVERNMENTS’ FEAR ANARCHISM
OF UNREST FASCISM
EXPECTATION OF
IMPERIAL WAR

COLONIAL ALLIANCE HOPE FOR UNITY THROUGH

UNRESTS SYSTEM A “GOOD WAR”

WORLD WAR ONE

Fall of Empires

WORLD WAR ONE Colonial Revolutions

New Nations
New Empires

USA Wilson’s
opinion Fourteen Points Treaty of Versailles European Debt
WWI was
useless

League of Nations German Bankruptcy

Rejection of League of
Nations by U.S. Congress
Four Power Treaty

Washington Naval Conference of 1922 Five Power Treaty

Rise of “Normalcy” US Isolationism
Nine Power Treaty
Kellogg-Briand Pact
Pro-Business Policies
Concept of Defensive War established
Mellon Tax Plan “The Roaring 20s” Real Estate Boom Stock Market Boom
Decreased Regulation

1927- Real Estate Bubble Bursts Stock Market Crash

Global Great Depression Unemployment Rises Banks Begin to fail