international economic disintegration

1. ‘’INTERNATIONAL
ECONOMIC
DISINTEGRATION’’

2. ECONOMICAL
CHANGES
POLITICAL CHANGES
LARGE PROCESS SHORT PERIODS OF
TIME
THE WORLD WAR

3. THE WORLD WAR
DESTROYED
INTERNATIONAL ECONOMY INTERNATIONAL DIVISION OF
LABOUR
WHEN IT ENDS
DIFFICULT RECOVERY OF THE ECONOMY

4. CONSEQUENCES OF
THE GREAT WAR

5. The First World War The Great War
Impact on countries
all over the world
o Many countries involved
o Amount of deaths

6. ECONOMIC CONSEQUENCES
oThe debt generated
oThe interruption of economic relations
oThe destruction of industry and
infrastructures
oThe interruption of international
commerce

7. ECONOMIC
CONSEQUENCES
OF THE PEACE

8. PEACE TREATIES
AGGRAVATE ECONOMICAL
PROBLEMS
INCREASE OF ECONOMICAL
NATIONALISM
FINANCIAL AND MONETARY
PROBLEMS

9. OTHER FACTORS
DISMEMBERMENT OF THE
AUSTRO-HUNGARIAN EMPIRE
FAIL OF THE NEW COUNTRIES IN
BECOMING SELF-SUFFICIENT
CONSEQUENCE:
MAKING THE ECONOMIC
RECOVERY MORE DIFFICULT

10. MERCANTILISM POLICY WAS PROMOTE
RUSSIA WANTED TO BECOME
ECONOMICAL INDEPENDENT
WEST COUNTRIES
USE PROTECTIONIST METHODS
ALL THESE FACTORS LEAD TO A
DISINTEGRATION OF THE
INTERNATIONAL ECONOMY

11. AT THE END OF THE WAR
INDEMNIFICATION PROBLEM
(INCRESEMENT OF THE DEBTS BETWEEN COUNTRIES)
FRANCE AND GREAT BRITAIN DEMANDED TO
GERMANY THE WAR COSTS

12. PROCESS OF THE GERMANIC PAYMENTS
1. AFTER THE WAR
GERMANY STARTED TO
PAY THEM WITHOUT
ALMOST ANY PROBLEM
2. TWO YEARS AFTER,
THEY SUSPEND THE
PAYMENT BECAUSE OF
THE HIGH PRESSURE
THEY HAD
3. THE GERMANIC
GOBERNMENT TRIED TO
SOLVE THIS SITUATION
WITH CERTAIN METHODS.
BAD RESULT: HIGH
INTERNATIONAL
INFLATION
4. THE DAWES
BORROWING ALLOWED
GERMANY TO
CONTINUE PAYING THE
INDEMNIZATIONS.

13. AT THE END OF THE 20’s
THE MAJORITIES OF THE
COUNTRIES PROSPERED
SPECIALLY EEUU, GERMANY and FRANCE

14. 24 OCTOBER 1929 BLACK THURSDAY
A massive sale
of shares in the
stock market
Prices
29 OCTOBER 1929 BLACK TUESDAY
Stock Prices
Financial system
had a
unbearable
pressure

15. INTERNATIONAL MARKET
To end the
economic
crisis
Objective
World
monetary
conference
Agreement to restore
the gold standard,
reduce quotas, import
tariffs and develop
other forms of
cooperation

16. Failed
Cause of recession:
• CURRENCY
• PRECESION AGRICULTURE
• EXTREME DEPENDENCEON THIRD WORLD
MARKET OF UNSTABLE PRIMARY PRODUCTS
• DISTRIBUTION OF WORLD GOLD RESERVES
FIRST WORLD WAR
The agreements that were
followed:
Policies of Great
Britain and USA

17. Consequences of Recession
(long-term)
• Increasing role of goverment in the
economy
• A gradual change in attitude
towards the economic policy
(keynesian revolution)
• Efforts by Latin American and
other countries of the Third World
• Develop a domestic industrie that
would replace imports

18. The Russia Revolutions and
the Soviet Union

19. The Imperial Russia
At the beginning
of 1917, the
economy was in
ruins that led
strikes and riots
in Petrograd, the
actual St.
Petesburg.
The imperial
Russia
entered into
the First
World War to
get the victory
over the
central
powers
Due to this
situation, it
ended the
rule of the
Romanov
and gave
way to a
PROVISION
AL
GOVERNME
NT.

20. The Provisional Gobernment
Was a collection
of :
• Aristrocrats
• Intellectuals
• Parlamentarians
There was only one
socialist:
Alezander Kerensky
Had to
share with
the
Petrograd
Soviet

21. Lenin
Was the
leader of
the
Bolshevi
ks
He dominated
the Soviets and
he organized a
campaing against
the Provisional
Goberment
In response, the
Provisional Goberment
offerred a little resistence
and could not cope with
the occupation of the
Winter palace by the Red
Wards

22. This situation
Four years of
civil war
After that
The goverment
ended the war in
the:
TREATY OF
BREST-LITOVKS

23. RIVAL ATTEMPTS AT
RECONSTRUCTION
Roosevelt was the president of the USA when
the nation lay was in a grip of it´s worts crisis
since the civil war.
Industry  shut down
Baking system  collapse
Violence ruled in city areas

24. NEW DEAL  Turning out a new
legislation
• BASED  ECONOMIC RECUPERATION
 SOCIAL REFORM
Most characteristic law  NRA
·1934  NRA Unconstituonal
• Rosselvet achived his goals
·1937  New economy recession
· 1941  USA returned to war  Fail of New Deal

25. · The New Deal  wasn’t able to cure the
depression
· The depression  Spawned social protest
and a new crop of extremist organizations
· Most countries  left the gold standard
 pound sterling
· Tripartite monetary agreement  stabilize
exchange rate

26. RISE OF FASCIST DICTATORSHIP
Earliest  Italy
Successfuly  Germany
·1st Industrial nation  Achive  Full recovery
· Goals based in  Coercion  Control
· Self-suffiency economy  War
· Policy  Autarchy
In Spain it happened very similar

27. Economic Aspects of World War ll

28. • Reliance on science increase as the basis of military
technology.
• Propaganda.
• War of movement.
• Economy and industry had more importance.

29. • The cost of the war, was around 1 trillion dollars.
• Number of death people was massive.
• Damage was bigger than in the First World War.
• The economy in Europe was extremely bleak.

30. DONE BY:

31. JUAN VÁZQUEZ

32. JAVIER TEJEDOR

33. SOFÍA BIENES

34. MARTA PRADO

35. MARIA DELGADO

36. PALOMA RODRÍGUEZ