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 now beginning to profit greatly from loaning to both Germany and the Allies- Germany who had to pay their reparations and fix the infrastructure of the country, France whose infrastructure was destroyed and Great Britain, who had to pay back America for all the ammo and weapons they had bought. Germany entered a never-ending debt cycle- repaying the allies by taking out loans, then repaying the loans by taking out even more loans. Germany's devastated economy as a new democratic nation that was used to monarchy led to poor democratic governments that always failed. These issues eventually caused the Nazi party to become dominant- and Hitler became leader.
The Bolshevik revolution in the 1917 started hatred towards the Communists in America (Eventually leading to the Cold War). The Red Scare that followed the war was a good example of the psychotic mind of the average American. The fear of being overthrown by communists was everywhere. Anyone who publicly opposed the war was... [continues]
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