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Period: to
Inter-war years, between 1WW and 2WW
Economies of European countries and of the United State, phases. -
Period: to
POST-WAR CRISIS
Europe: High level of debts. A shortage of products.
Germany one of the most affected countries. -
Period: to
RECOVERY IN THE 1920S
United States and Japan were the first countries to recover from the crisis.
US became the
most important industrial power in the world.
US helped Europe to recover. -
Period: to
GERMANY'S RECOVERY
Germany`s economy began to recover.
World's economy began to recover.
Prosperous time: "Roaring twenties"
Consumerism grows. -
Period: to
THE WALL STREET CRASH OF 1929
Wall Street stock market in New York collapsed.
This led to "the great depression"