Impact of Great Depression on International Relations in...

Impact of Great Depression on International Relations in the 1930s In the early 1920s the Great Depression hit. The chaos caused by the First World War was the main reason for the Great Depression. The USA had lent large amounts of money to other countries to help with their damages from the war. The loans that the USA made helped the countries to recover trade. Many countries tried to protect their industries by putting taxes on imports. In 1930 USA the biggest trading nation in the world also raised their taxes. This made the world trade suffer badly as it made it difficult to sell goods to America. World trade was already very difficult so when the Wall Street Crash hit there was a†¦show more content†¦Interviews were very rare so people tried to make the best impression possible. Hitler had decided to take back the land, which he lost in the First World War. The other countries were also suffering the Depression. They were trying to build up their countries so they tried to ignore Germanys invasions. This was a great opportunity for Hitler. However this lead to aggression, which lead to the build up, of World War Two. The leader of Italy Mussolini wanted to distract the attention from economic problems by enlarging the Italian empire in Africa. Italy had lost over 40% of its imports because of the Wall Street Crash and 30% of its exports. Mussolini wanted to fight in a war and create a giant empire. Mussolini wanted to gain coal, iron and steel. He also felt that he needed to invade Abyssinia as revenge for there defeat in 1896. Abyssinia was an independent country and was part of the league. The league was meant to protect Abyssinia in any problems. In 1935 Italy invaded Abyssinia using tanks, poison gas, bombs and flamethrowers whereas Abyssinia had troops armed with spears and out-dated rifles. As a result of this invasion Italy left the league and allied with Germany. This weakened the league. People started to undermine the league. This was a loss to the league because Italy was one of the biggest countries in theShow MoreRelatedTaking a Look at the 1920s1642 Words   |  7 Pagesprofessi onal management, under control of a bureaucracy headed by hired executives. The regulating or coordinating authorities or public bodies was weak. Prior to 1930, there was a degree of freedom of business activity, protected from state interference, without any parallel with the business environment, which was more regulated after the Great Depression. The First World War was beneficial to the North American economy. They were separated by the Atlantic Ocean from the conflict, and became the major suppliersRead MoreThe Great Depression Of 19291473 Words   |  6 PagesThe first economic collapse of its magnitude, the Great Depression of 1929, produced devastating effects with lasting longevity. 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