In the 1920s, the economy of the world had started recovering after World War I. The United States emerged as the dominating economic powerhouse taking over from Great Britain, which was now struggling to get back lost markets.Continue Reading
Technological advances had been made in the 1920s, making business more conducive for various countries including Germany, Russia, Japan and other European regions. Things like automobiles, vacuum cleaners, radios, refrigerators, air travel and talking movies were available in abundance making trade much more lucrative and convenient.
Even though things were looking good with regards to the general world economy, some of the challenges that arose included an agricultural crisis in the U.S. The country was not able to meet the demands of European countries during the war, prompting a need for expansion to farmlands. However, right after the war, European countries started producing enough crops, leading to complications for American farmers who had greatly invested in the expansion.
Another problem during this period was that the U.S. had enough industries and raw materials to sustain itself while also supplying other countries with products. This meant that the cash flow was not liberal as money would only circulate within the U.S. and not around the world.Learn more about US History
Sent in 1917, the Zimmermann Telegram was a confidential message from Germany to Mexico promising Mexico territory in the United States if Mexico aided Germany should the United States enter World War I. The telegram convinced the American public to support the American troop deployment into the war effort.Full Answer >
Diplomacy is a board game in which each player represents a European power prior to World War I. The seven powers represented are Great Britain, France, Austria, Turkey, Russia, Germany and Italy. The game begins in the spring of 1901, and each year afterward includes spring and autumn turns.Full Answer >
Signed on June 28, 1919, the Treaty of Versailles ended World War I. The document contained 15 parts and 440 articles, which established boundaries for the defeated nation Germany and outlined its reparations to the Allies. The treaty plunged Germany into an economic recession and humiliated its people, setting the stage for the rise of nationalism and the Nazi party.Full Answer >
Located in Columbia, South Carolina, Fort Jackson is a U.S. Army base and combat training center that dates back to 1917, when the United States entered World War I. First known as Camp Jackson, Fort Jackson is named in honor of former U.S. President Andrew Jackson, who was also an Army General.Full Answer >