Chapter 20

Chapter 20: Collapse at the Center: World War, Depression, and the Rebalancing of Global Power

- 1914–1970s

- it was an accident waiting to happen

- European global power but rivalry and conflict at home

- Assassination of Franz Ferdinand in June 28 of 1914

- alliances and nationalism

- industrialized militarism

- European empires and trade made it a global war

- Capitalism Unraveling the Great Depression

- there was overproduction, international loans, and stock speculation

- import substitution industrialization in Latin America

- rise of Hitler

- a lot of racism

- people started supporting Hitler

- Hitler did little steps in order to get people to discriminate

-Holocaust happened 

- death chambers in showers

- gas vans, zykon b etc.

- Facism: form of government

- extreme nationalism

- celebration of violence and a "charismatic" leader

- it was anti democratic

- Japanese authoritarianism 

- economic growth, social tension, etc

- impact of Great Depression

- government action on economy

- The Great Depression

- unraveling of the economic system in 1929

- overproduction of goods =cheaper

- a lot loans happened

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