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The Treaty of Versailles ends World War One and imposes heavy reparations payments on Germany.
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The Assembly of the League of Nations meets for the first time in Geneva, Switzerland. The US is notably absent, the Senate having voted against joining the League in November 1919.
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King Victor Emmanuel declares Mussolini premier in an attempt to head off violent conflict between the Fascists and the Communists.
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Lenin's death leaves some question as to who will be his successor. Joseph Stalin eventually beats out Leon Trotsky to take control of the Soviet government.
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The Locarno Pacts are signed in efforts to stabilize relations with Germany and its neighbors. The pacts usher in a period of peace and prosperity.
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A provisional government is established to take Spain from monarchy to republicanism.
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In an attempt to reel in the chaos of the German government, President Paul von Hindenburg declares Hitler chancellor, the first major step in Hitler's ascent to dictatorship
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Generals Goded, Mola, and Francisco Franco lead troops in rebellion against the republic, sparking the Spanish Civil War.
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Britain and France appease Hitler by signing the Munich Pact, which grants Hitler control of the Czech Sudetenland.
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Madrid falls to Francisco Franco's forces, effectively ending the Spanish Civil War. Franco's oppressive dictatorship begins.