EURO-UA 511 Lecture Notes - Lecture 14: Turkish Straits, Crimean War, Dawes Plan
17 Aug 2016
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Occupation of the ruhr: germany unable to pay reparations, stopped paying, france sent forces into ruhr valley (industrial homeland, france took coal and iron, german miners refused to work, germany printed more paper money to pay. Hyperinflation: german marks (unit of money) lost a ton of value. The dawes plan (1925: u. s. offers financial assistance, reparations reduced. Reasons for great depression: u. s. farmers were overproducing, value of crops dropped, u. s. stock market crashed in 1929, tons of tariffs exacerbated affects. Causes: president porfirio diaz popular, brought stability, however there were social/economic issues b. i. Population was rural + illiterate, health was bad: only the wealthy had power, new generation of politicians wanted power, mexico too dependent on foreign investments, diax promised free elections but rigged them. The mexican revolution: 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.
