HIST 1707 Lecture Notes - Authoritarianism, Unemployment Benefits, Italian Fascism
7 Jul 2014
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Document Summary
1929 was the start of the great depression. 1922 was the first fascist government, mussolini took power in italy. Government calls itself fascists, not just something we say. Social and economic conditions of the depression gave a real kick and stimulated movements of fascism. First world war was known as the great war. Depression wasn"t confined to anywhere, was spread around the world because of globalization and because of interlocked economies. Black tuesday, october 29th (maybe), 1929, was when the stock market crashed. Stock market began to lose value rapidly, and afterwards, billions of dollars were wiped off the value of the ny stock exchange. Huge effect on us economy, and then other economies. After wwi, many european economies were in tatters, populations were damaged. As a result of wwi, usa economic prominence was evident. When american economy went down, it had a ripple effect in europe.
