THE great depression

new democracies

• All Europe's rulers were over thrown
• Russia created a new provisional government
• The large number of political parties made government nearly impossible
• Eventually a coalition government formed
• Changes were frequently made with no long term goals

Inflation in germany

• Money slowly lost all value
• Money was used as toys and to make fires for warmth

Financial collapse

• There was an uneven distribution of wealth
• There was overproduction is businesses and agriculture

depression becomes global

• the US demanded there money from europe
• European market for goods dropped greatly
• the US starting a chain reaction 
• world trade dropped by 64%

stock market crashes

• on October 29th the stock market failed this day is known  as black Tuesday
• most people panicked resulting in them selling there stocks

Britain attempts to improve economy

• British voters elected a national government
• this increased taxes but regulated currency
• employment was doubled and production went up immensely

France reacts to economic disaster

• five coalition government formed and fell
• A series of reforms were passed to help workers
• unemployment was still high but France maintained a democracy

recovery in the US

• franklin D. Roosevelt created a system called the new deal
• the new deal reformed an economic system and a democracy