HIST 1115 Lecture Notes - Lecture 17: National Oil Company, Roosevelt Corollary, Pemex
Document Summary
The global great depression and militarization in japan. Involvement in global trading programs industrial v. agricultural economics. Africa, south asia, middle east cash crop economics distress gold flooding gold into market trying to make profit, billions of rupees of gold dumped onto the market to help keep their families afloat. Many muslims in the region delayed their hajj a pilgrimage to mecca 16 000 would go every year, dropped down to 7000 during the great depression. Roosevelt corollary claimed they would intervene to ensure latin america paid their debts. Fdr changed it and made the good neighbour policy, 1933, cancels the roosevelt corollary pulled out the troops and stopped the war in nicaragua. Lazaro cardenas, 1934-1940 brings out land redistribution takes 44 million acres and gives them to the landless peasants. Favelas emerged, poor shanty towns where ppl have lost their homes, built them out of anything.