Great_Depression

Great Depression The great depression of the US not only affected people domestically, but internationally as well. It formed modern government in many countries, made drastic legislative changes, and even spurred a major war for many countries. The most influential event in world history after the 1900’s is the great depression because of the decline in international commerce and stock markets around the world, the rise of Hitler, and Franklin D. Roosevelt’s “new deal” legislation, which changed the United States. The war had left Europe in shambles. WWI ended on November 11, 1918, leaving millions of European soldiers dead and even more injured. Large areas of Belgium and France had been devastated and two of Europe’s most powerful countries, Germany and Austria-Hungary, were defeated and exhausted. All the European countries were now bankrupt from the cost of waging a war for four years. Germany had not been defeated, but knew that if it continued to fight war against the strong American army, defeat in Berlin would result. Because Germany had surrendered, her only option was to either sign the Versailles treaty, or else go back to war again, which would inevitably result in defeat. The Treaty was unexpectedly harsh, though, despite the germany, new, great, war, stock, hitler, depression, money, economy, people, americans, world, workers, treaty, act, years, soil, led, government, business, been, 1929, unemployed, time, states, roosevelt, europe, economic, america, united, through, second, relief, market, legislation, deal, created, countries, control, american, after, affected, very, social, since, security, restore, prosperity, programs, pay, out