ISS 230 Lecture Notes - Lecture 1: Upper Class
Document Summary
Europe and migrations 20 th and 21 st century. 1890-1914: international labor force; a lot of immigration to and emigration from western europe. Migration taking place throughout the world, helped most countries. New industries drove economic growth and urbanizations. But most viewed immigrants as a positive force in economy. Upper class males had the passports, women needed husband"s permission to go to another country. Wwi signals increasing state regulation or sponsoring of migrations. Some foreign workers forced to stay to contribute to war labor force. Some foreign workers recruited from other areas of europe; colonial workers conscripted. France employed foreign labor more than any other european country in the 1920s. Austria/germany borrow money from u. s to pay war debts to france and. France and england pay debts owed to u. s for wwi. System dependent on flow of cash from u. s. Investors begin to pull out 1928, no longer funded. **example of hyperinflation, caused by great depression- july 1922: =670.
