Euro Midterm Review

Euro Midterm Review - Euro Midterm Review Alsace-Lorraine...

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Euro Midterm Review Alsace-Lorraine – the land Germany took from France in 1871, making France angry and unforgiving. Germany would not return it. Soviets – a workers' local council in late Imperial Russia; Shortly after the October Revolution, the soviets, as organized into a larger body, formed the new basis for governing the post-revolutionary society through soviet democracy. Georges Clemenceau – the Premier of France in 1914 who was called “the Tiger.” He dismissed Wilson’s vision of a new world as mere noble sentiment divorced from reality, and he fought to gain security for France. He thought that only by crippling Germany he could guarantee France’s safety. Stab in the back legend - the legend that attributed Germany’s defeat to domestic factors rather than bad planning on the part of the military. It claimed that the country failed to respond to its patriotic calling at the most crucial time and some had even sabotaged the war effort. Spartacists - the left-wing Marxist revolutionary movement in Germany that sought to incite revolution in Germany like the Bolshevik revolution in Russia. It later renamed itself the Communist Party of Germany. In 1919, it started a minor revolution that the Weimar republic easily crushed. Bolsheviks - the communist party of Russia who were led by Lenin. They seized power during the October Revolution portion of the Russian Revolution in 1917 and founded the Soviet Union. Battle of the Marne - The first great battle of WWI that took place in 1914 at the Marne river in France. It resulted in a victory for Britain and France against Germany. Stresemann - the chancellor of Germany in 1924 who ended inflation by abolishing the old German currency and creating a new one. He ended the policy of passive resistance with France, and ultimately France agreed to withdraw their troops from Germany. Hyperinflation - the economic crisis the Weimar Republic in Germany faced from 1922 to 1923 whereby the value of the German mark decreased tremendously. Germany had inflated its currency to pay back war reparations required under the Treaty of Versailles, but the rapid increase in the amount of printed money caused its value to decrease, causing increases in prices and interest rates, redenomination of currency, consumer flight from cash to hard assets, and the expansion of industries that produced those assets. Great Depression – the economic downturn that began in the mid to late 1920’s that caused a decline in international trade, personal incomes, tax revenues, prices
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and profits. This especially affected those countries who had taken loans from the US to fund WWI and reconstruction after it, because they were unable to pay back those loans. League of Nations
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Euro Midterm Review - Euro Midterm Review Alsace-Lorraine...

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