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Summary - European Economic History ( WWI and WWII)

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Escrito en
2024/2025

A summary providing information about the First and Second World War, its main events and impact on the economy and also eventually the creation of the EU

Institución
Grado

Vista previa del contenido

5️⃣
The Road to WWII and a New Europe
Finished

Multi-select lecture



👉🏻 1. Introduction
2. The Aftermath of WWI
3. The Road to WW II
3.2 Versailles treaty did not pacify the European Continent
3.3 A chaotic interbellum
3.4 The German economy
Crash of wall street 1929 - “Black thursday”
4. The Aftermath of WW II & the road to a new Europe
4.1 Europe: Quo Vadis?
4.2 Towards the ‘Cold War’.
5. More info




1. Introduction
⇒ This chapters covers the Road to the European Union & Peace, which was important for the European economy but it wasn’t a
easy road to get there




The Road to WWII and a New Europe 1

, 2. The Aftermath of WWI
⇒ The Armistice was signed on 11 November 1918 and the Human cost of the War were 16M dead & 21M wounded
⇒ The War led to the Collapse of ‘Empires’, these Empires were: Austro-Hungarian, Ottoman, German & Russian
⇒ There was a widespread economic hardship mostly in Europe which paved the way for the Great Depression & the Spanish flu of
1918




⇒ The rising feeling of nationalism, political extremism & unresolved tension were the sowing seeds for WW II

Woodrow Wilson
⇒ He was the US president who saw WW I as a final war for human liberty and set out “Fourteen Points” in a speech to US Congress
on 9 January 1918


Some examples of these “Fourteen Points”

“A peace without victory”

Plea for the creation of League of Nations
→ USA never became a member of this as the Congress was against it

Liberalism, diplomacy & arms reduction, and self-determination of peoples

Paris Peace Conference (1919)
⇒ The conference consists of a set of formal & informal diplomatic meetings, in which the Allies set the peace terms for the Central
Powers
⇒ The conference was attended by delegates of 32 nations, but the decisions were mainly taken by UK, US, FR & IT (The Big Four),
there were no delegations of RU,GE,AU,…
⇒ This conference wasn’t characterized by a “peace without victory” mentality

UK
→ Pacification of European continent as condition of renewed focus on British Empire

France
→ repair of war damages + security against threat German resurgence

Italy
→ manifests itself as one of the Great EU powers




The Big Four


Treaty of Versailles (1919)
⇒ A Peace treaty signed on 28 June 1919, this ended the war between Germany & the Allied Powers
Important & controversial legacy

Symbolic importance of location
→ Hall of Mirrors in Versailles

Germany accepted the responsibility for causing the war & accepted to pay reparations

Loss of German territories
→ Rhineland, Coal-rich areas like Saar, Colonies




The Road to WWII and a New Europe 2

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Subido en
26 de agosto de 2025
Número de páginas
9
Escrito en
2024/2025
Tipo
Resumen

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