A | B |
Armistice | cease-fire; truce; resolution to end fighting between opposing sides |
Compromise | settlements in which each side gives up some of its demands to reach an agreement |
Fourteen Points | President Wilson’s plan for lasting peace; much less punitive than the Treaty of Versailles |
Treaty of Versailles | peace treaty that officially ended WWI and placed blame on Germany for causing it |
Reparations | payments for the costs of war |
League of Nations | a group intended to keep peace after World War I; created by the Treaty of Versailles |
Stock Market Crash | October 29, 1929; when stock prices fell, or “crashed,” at record rates in the US |
Creditor | person who lends someone else money and expects to be paid back that amount plus interest |
Recession | a time of economic slowdown |
Depression | a period of very low economic activity combined with very high unemployment |
Great Depression | a time of economic despair that lasted for more than a decade |
New Deal | FDR’s plan to enact “piecemeal programs” to get the US out of the Great Depression |
Inflation | a period of rising prices and decreasing monetary values |
Nazi Party | the National Socialist German Workers’ Party |
Nazism | the name given to Hitler’s political beliefs |
Totalitarianism | a system in which leaders totally control the way their citizens think and live |
Protectionist Policies | policies in Britain designed to protect the domestic industries and services from foreign competition |
Woodrow Wilson | US President who came up with the idea for the League of Nations |
Franklin D. Roosevelt | President of the United States during the Great Depression and the beginning of World War II; came up with the New Deal |
Adolf Hitler | Chancellor of Germany during the worldwide depression; helped build up Germany after World War I by starting new projects and inspiring the people; leader of the Nazi Party |