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Worldwide Depression

By Maria A. Abril
  • Period: to

    Europe’s last absolute rulers are overthrown

  • New goverment forms in Russia

    New goverment forms in Russia

  • Period: to

    Price of bread increases in Germany

    First from less than one mark to 160, and later on to 200 billion marks. (A loaf of bread)
  • Weimar Republic

    Weimar Republic

    Germany’s new democratic government is created
  • Period: to

    Overproduction affected American farmers

  • Germany Inflation

    Germany Inflation

  • Dawes plan helps lower Germany inflation

    Dawes plan helps lower Germany inflation

  • Ministers sign treaty between France and Germnay

    Ministers sign treaty between France and Germnay

    The treaty was signed agreeing that France and Germany would not make war against each other.
  • Hopes raise by the "Spirit of Locarno"

    Hopes raise by the "Spirit of Locarno"

  • German factories production increased

    German factories production increased

    As much as they had before war
  • New York City's wall street: financial capital of the world

    New York City's wall street: financial capital of the world

  • American factories biggest source of industrial goods

    American factories biggest source of industrial goods

  • World's economic system collapse

    World's economic system collapse

  • Period: to

    The great depression

    Millions of people worldwide lost their jobs and farms. At first unemployed has to depend on charity of others food, clothing and shelter.
  • Period: to

    In Asia, both farmers and urban workers suffered as the value of exports fell

  • Stock sales

    Stock sales

    Investors began selling their stocks seeing it as an opportunity for economic survival, but no one wanted to buy stocks
  • Black Thursday

    Black Thursday

    Investors started selling their stocks, believing the prices would soon go down. This day, the gradual lowering of stock prices had become an all-out slide downward.

  • Austria's largest banks fails

  • Franklin D. Roosevelt is elected president

    Franklin D. Roosevelt is elected president

  • Factory production has been cut in half

    Factory production has been cut in half

  • Five coalition governments formed and fell

  • Roosevelt

    Roosevelt

    The new president sought to restore American´s faith in their Nation. Roosevelt immediately began a program of government reform that he called the New Deal.

  • American employment lowers by one-fourth

  • One million French workers were unemployed

  • A new coalition

    A new coalition

    Moderates, Socialists, and communists fromed a coalition. The Popular Front, as it was called, passed a series of reforms to help the unemployed workers
  • Unemployment had been cut in half

    Unemployment had been cut in half