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Lecture 14

EURO-UA 511 Lecture Notes - Lecture 14: Turkish Straits, Crimean War, Dawes PlanPremium

5 pages64 viewsSpring 2016

Department
European and Mediterranean Studies
Course Code
EURO-UA 511
Professor
Euro History
Lecture
14

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THE GREAT DEPRESSION
I. Occupation of the Ruhr
a. Germany unable to pay reparations, stopped paying
b. France sent forces into Ruhr valley (industrial homeland)
c. France took coal and iron
d. German miners refused to work
e. Germany printed more paper money to pay
II. Hyperinflation
a. German marks (unit of money) lost a ton of value
III. The Dawes Plan (1925)
a. U.S. offers financial assistance
b. Reparations reduced
IV. Reasons for Great Depression
a. U.S. farmers were overproducing, value of crops dropped
b. U.S. stock market crashed in 1929
c. Tons of tariffs exacerbated affects
THE MEXICAN REVOLUTION
I. Causes
a. President Porfirio Diaz – popular, brought stability
b. However there were social/economic issues
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b.i. Population was rural + illiterate, health was bad
c. Only the wealthy had power
d. New generation of politicians wanted power
e. Mexico too dependent on foreign investments
f. Diax promised free elections but rigged them
II. The Mexican Revolution
a. Election of 1910
a.i. Francisco Madero ran against Diaz and was jailed
a.ii. Madero called for revolution, Zapata + Pancho began an uprising
a.iii. Diaz fled to Europe, Madero became president
a.iv. General Victoriano Huerta overthrew Madero + executed him
a.iv.1. Sparked a civil war, lasted till 1920
III. Results
a. Thousands of Mexicans died/migrated to the U.S.
b. Most of the economy ruined
c. Constitution of 1917 – very economically oriented
d. Sense of Mexican pride in indigenous culture
RUSSIA
I. Russia in 1815 – largest + most populous nation in Europe, lots of natural resources
a. Technologically + socially + politically backwards
b. Still had serfdom, not industrialized
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