World War I laid the foundations for the political and economical crisis that was soon to follow. Even before the end of the war, Allies claimed reparations from Germany, whose economy was destroyed. Wilson, after meeting with the Big Four, slowly began to accept the idea of reparations. Once implemented, the American banks were …show more content…
As in WWI, they were selling supplies to Allies, "Blood Money". After the Fall of France in 1940, America started giving increased aid, on the Lend-Lease basis, where the Allies, mainly Britain, would give back any supplies and troops they took once the war had ended. By 1941 America had abandoned its neutrality, and a naval war against Germany had begun.
The Japanese, who had been extending their empire in the Pacific, were eventually embargoed from trade by America after their take-over of China. Pearl Harbor was bombed on December 7th, 1941, killing over 2300 troops. It was the largest attack on American grounds until the bombing of the World Trade Center, September 11th, 2001. America declared war on the Japanese immediately after the attack, and three fronts were opened- namely the Pacific and the European fronts, and the North African front that was fought until