10. What happened on the day that the American Stock Market initially crashed? - “Eleven wall street financiers committed suicide, banks closed resulting many people to lose life savings, investments dried up, world trade declines about 62% within a few years, and businesses contracted when they were unable to sell their products. Ordinary people lost jobs” (985).
11. Explain the continuing spread of the Great Depression from America to Europe. - “By the end of 1920s, American farms and factories were producing more goods than could be sold because a highly unequal distribution of income meant that people couldn’t afford to buy that their factories were producing. Nor could the European countries buy those goods (Germany and Austria still
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What rendered other societies vulnerable to changes in the world market? - Since much of Europe’s empires are worldwide and “had globalized the war, so too its economic linkages globalized the Great Depression”. The countries/colonies specializing in a single crop became vulnerable to changes in the world marker and were hit the hardest (986).
13. Why did the Soviet Union escape the Great Depression? - They were communist and that meant everyone earned the same amount and their economy was controlled by the state, which helped their economy grow and had no signs of “unemployment in the 1930s, even as the capitalist world was reeling”
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Their spokespeople “condones violence against enemies, exalted action rather than thought and reflection, and looked to a charismatic leader for direction”. They also were bitter towards “individualism, liberalism, feminism, parliamentary democracy, and communism, all of which, they argued, divided and weakened the nation” (988-989).
15. Who was Benito Mussolini and how did he rise to power? - He was a “charismatic orator and a former journalist with socialist background”. He had help from “a private army of disillusioned veterans and jobless men known as the black shirts, Mussolini swept to power in 1922, promising an alternative to both communism and ineffective democratic rule”. Violence accompanied his rise to power. He also appealed to those afraid of communism, where “businesses threw their support to Mussolini” (989).
16. How was the German expression of Nazism like that of its Italian counterpart? - “Both espoused an extreme nationalism, openly advocated the use of violence as a political tool, generated a single-party dictatorship, were led by charismatic figures, despised parliamentary democracy, hated communism, and viewed war as a positive and ennobling experience” (990).
17. What was the basis of popular support for the
The Great Depression led to the increase in unemployment rates across Europe and America. The collapse of world trade and bank failures have forced many people out of their jobs and into very poor conditions. As seen in the graph in Document F, unemployment spiked in 1932, which impacted millions of people. When countries attempted to rebound from this crash in the economy, many countries attempted to rethink the way the government itself
Fascists believed that nations must struggle—peaceful states were doomed to be conquered.” (Hyperdoc Doc. 1). Mussolini believed that the nation must suffer through the Fascist ideals. Fascism also supports nationalism which is good for the morale of the country. Hitler agreed with the ideas of Fascism: “The Fascist worldview is
And lastly, people began to show interest in the stock market, which generated money for them, making citizens feel good about their actions. Concluding, the economy in the 1920s was far more superior than of 1930s. The economy in 1930s was rather ungrateful compared to that of 1920s. During ‘30s, there was a steady increase in the rate of unemployment, banks were failing, and people had less to spend due to their low income (document 6). Along with this, farmers and poor people went almost unrecognized and suppressed under the pressure of mortgages and loans (document 7).
By March 1930, 3.2 million people are unemployed and beginning to realize the severity of this situation. Throughout this horrible situation
By the end of World War I followers of Mussolini’s ideas have spread all throughout Italy. Mussolini’s Fascist ideas lead to him wanting to be dictator and he knew that he could be that man. He formed a party, and his own personal “Army” of “Black Shirts” who would wear
An enormous factor in the rise of fascism is the fascist’s party and its leader Benito Mussolini. in his early days Benito Mussolini was a through and through left winger, after failing to find satisfaction in his teaching career Mussolini turned to politics in 1912 becoming the editor of Italy’s leading socialists
Mussolini’s rise of power was rapid. He was known as “IL DUCE”, the Prime Minister of Italy and an Axis European political leader (World). In 1903, he became a communist and read Nietzche’s works as well as followed Marx’s ideologies (Rise). In 1914 he founded the newspaper “Popolo d'Italia” (Rise). And by 1919, Mussolini began to lead an extremely nationalist group (Quazen). He then declared himself as the dictator after King Victor Emmanuel III in 1922 (Quazen).
Fascism, before its rise to power in 1922, was an amorphous collection of often contradictory influences, ideologies, and backgrounds. World War I provided ties between the hyper-masculine and hyper-violent ideals of the movement. The growth of Fascism was slow immediately after the war, but that time was when many of the institutions of Fascism were founded. After 1919 through 1922 Fascism grew even more, but contradictions remained. R.J.B Bosworth argues in his book, Mussolini’s Italy: Life Under the Fascist Dictatorship, 1915-1945, that the early period of fascism was defined by earlier movements, the glorification of war, nebulous ideologies, slow growth, and contradictions.
Mussolini was a part of the Fascist party. After the World War I, Italy had many economic and political problems. Mussolini used this as a way to gain power. Mussolini and his followers (known as Black Shirts) got the support if Italians by “attacking communists and socialists”. He led the March on Rome to prevent a communist revolution. This got him into office. He put his followers into office to increase his power. He controlled the media to portray Italy as a strong force with an improving economy and world relations. The slogan that he wanted Italians to accept was: “Everything in the state, nothing outside the state, nothing against the
Benito Mussolini outlines several essential characteristics of his preferred political ideology, Fascism, in what has become known as the Doctrine of Fascism. In this paper, Mussolini outlines his vision of the ideology, and explains the major issues that Fascism will address once it becomes the leading political system in Italy. Mussolini’s major points as outlined in the Doctrine included an extreme emphasis on nationalism, organization and modernization of the state, persistent focus on religion, life as a struggle, and the notion that individuals exist only for the improvement of society as a whole. Wolfgang Schieder, after reviewing the Doctrine of Fascism, explains Mussolini’s success based on it and
“In 1928 and 1929 the Federal Reserve System raised interest rates in an effort to slow the market speculation” which led to a reduction of spending (Mitchener, 2011). The share prices began to drop rapidly which left many people uneasy about their stocks and on October 29, 1929 nervous shareholders sold 16,410,030 shares causing the stock market crashed. The estimated loss of around forty billion dollars left the United States in a state of panic. Millions of Americans had invested both small and lager sums of money into stock. The fortunes of the wealthy were destroyed and the savings of the average American were lost. America’s prosperity of the 1920’s had come to an abrupt halt. Millions had lost so much money that banks began to fail taking people’s savings with them, forcing factories to close, and bankruptcies swept the nation. “By 1932, U.S. manufacturing output had fallen to 54 percent of its 1929 level, and unemployment had risen to between 12 and 15 million workers” (Nelson). The Great Depression was now gripping the nation.
Mussolini once had more socialist views, but during WWI, he switched to more fascist views and championed Italian involvement in the war (102) an authoritarian government was viewed by many as a good method to create a stronger Italy, safe from communism
• This paper argues that Mussolini was a true fascist dictator who used power to manipulate and control every aspect of society, to its detriment, for the benefit of his own ideological agenda. • This paper
Benito Mussolini, who was appointed prime minister at the head of a Fascist cabinet, cooperated with the Italian parliament, but aided by his police and soon became the dictator of Italy. “The Fascist State is wide awake and has a will of its own. For this reason, it can be described as “ethical” (Reilly 898). The Fascist state has a spiritual force and it sums up all the moral and intellectual life of man. Fascism, is totalitarian, in which no individuals or groups including political parties, cultural associations, unions, and social classes were allowed outside the state.
As a result of how Italy was created but not fully unified, the new Italian state suffered from a variety of weaknesses which the new liberal state was unable to tackle these. This made Italy susceptible to the appeal of fascism, and therefore aided Mussolini’s rise to power.