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This happened because Germany had surrendered to their Allies, as they had realised (the German government ) that they had no chance of winning this war.
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This was written to punish Germany for all the things that they had done in ww1. This happened in January 1919 The Treaty of Versailles was signed in the Hall of Mirrors inside the Chateau de Versailles The terms of the Treaty of Versailles are:
Borders or Blame
Land/lost of territory
The army reduced the army
Money has to be paid
Empire or economic loss of colonies
Disputes across the world -
This was when America had a sharp decline in its stock market values, which was the start of a domino effect that caused the Great Depression
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This happened after the crash on Wall Street, when all the markets' values crashed in America, which slowly started to affect more Countries like Britain from the lack of people. In Australia, it had a huge impact on the unemployment rate, their profits, plunging the people's incomes, heavy borrowing and falling export incomes and political instability.
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This was to raise imports to protect Americans' businesses, like farmers. This added considerable strain to the international economic climate. When Smoot-Hawley raised the tariff rates in America even higher by 20%, it was signed through America's system on the 17 of June, which caused imports worldwide to decline.
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Franklin D Roosevelt one the election in 1932 and ended the decade-long run of the Republican Presidents.
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This was the start of the American economic recovery from the Great Depression, under the new leader, Franklin D Roosevelt
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Franklin D Roosevelt signed this, and his goal was to "protect the currency system of the United States for the better use of the money gold stock of the United States, and for other purposes"
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Dorothea Lange, who created this picture as she was a documentary photographer, was famous for her pictures and showed the effects of the Great Depression on workers and the unemployed
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The effects of the Great Depression started to fade slowly as this was the start of when it was ending, as the world's economy state was slowly recovering
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The Germans invaded Poland, so Britain and France then declared war on Germany on the 3rd of September