Great Depression — start year?
1929, after the stock market crash
Wall Street crash — trigger?
1929 stock market collapse
Stock margin — risk?
Increases risk of financial collapse
Gold standard — role?
Fixed currency to gold reserves
Hawley-Smoot tariff — effect?
Raised tariffs, worsened global trade
Depression duration?
1929 to WWII start
Unemployment US 1932?
About 20% (~10 million)
New Deal — leader?
FDR (Franklin D. Roosevelt)
Devaluation — percentage?
40% to boost exports
Gold abandonment — purpose?
Expand money supply, fight depression
Popular Front — country?
France, 1936
Popular Front law — date?
June 11, 1936
Workweek — law?
40 hours/week
Austerity shift — reason?
Budget deficit, social reform limits
Maritime globalization — key?
Containerization and EEZ rules
Container port — function?
Standardized cargo handling
Malacca dilemma —?
China’s reliance on Malacca Strait
RECAAP — purpose?
Piracy and armed robbery cooperation
Dunkirk evacuation — year?
1940
German invasion — target?
Denmark and Norway, 1940
Sea strategy — importance?
Control of routes for resources
Totalitarianism — WWII link?
Expansion ideologies, aggression, League impact
French purge — phase 1?
Spontaneous violence, savage purge
French purge — phase 2?
Court trials, De Gaulle’s leadership
Test your knowledge with 24 questions on Global Historical Developments.
1. What event triggered the wider economic crisis that marked the start of the Great Depression in 1929?
2. How did bank failures in 1930 worsen the Great Depression?
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