01-17 Isolationism and the 1930s

01-17 Isolationism and the 1930s - Isolationism and the...

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Isolationism and the 1930s 17 January 2006 Unemployment and the Depression Estimated unemployment at 30-35% during the depression No unemployment insurance Normal unemployment at 5% National emergency when unemployment is at 10% Most employees had 50% wage cuts 1929 – 1932 over 5000 banks failed (1/2 of all in the country) Fascism  – a system of government that had been adopted by several countries in which all pretense of  democracy/parliamentary government. Axis Powers – Germany, Italy, Spain, Japan Governed through secret police No personal freedom Tendency to embark on military campaigns Americans were afraid of fascism, threat US took an opposition against it Why? American foreign policy guided by … o Assumed that WWI was not a legitimate war; started by the munitions makers (those who  manufacture military supplies)
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This note was uploaded on 04/29/2008 for the course HIST 320 taught by Professor Singal during the Spring '06 term at Hobart and William Smith Colleges.

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01-17 Isolationism and the 1930s - Isolationism and the...

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