American History from 1865
American History from 1865 amh2020
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This 2 page Class Notes was uploaded by Jaelee Edmond on Monday March 14, 2016. The Class Notes belongs to amh2020 at Florida State University taught by Christopher Griffin in Spring 2016. Since its upload, it has received 31 views. For similar materials see American History since 1865 in History at Florida State University.
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Date Created: 03/14/16
Reparations -Germany is paying the war debts and loans that were paid throughout Hyperflation: Wilson’s choice: Reparations -Reparations = US gets money back -This is going to really hurt the European economy -Europe resents US No Reparations: -US Pays for the war financially Bierhalle Putsch, Nov 8-9 1923: -Adolf Hitler’s first attempt of power -Revolution breaking out in response to hyperinflation and post war Dawes Plan, 1924: -US Investment Aid $2.25 Billion -Invest in foreign affairs with money so they we have some political pull in their government -German Reparations are paid to America of $2.75Billion -At the same time America is also getting the money back from the allies of $2Billion -America is getting money from two places, Germany and Europe are stabilized -Succeeds for the first few years Herbert Hoover 1928: -Runs for president as a Republican (Rep holds office for the 1920’s) -“Prosperity”: Party campaign Great Depression Hits 1929: -Hoover is president -1929 Stock market crash: Black Tuesday -Makes millionaires homeless overnight Stock Market Crash of October 1929: -Unemployment rates for the country will reach 25% -Hits certain sections of the economy harder than others -Women and minorities were the first to lose their job Herbert Hoover: -Blamed for the depression Hoovervillles: