| A | B |
|---|
| reparations | payments for war damages |
| prosperity | wealthy period (1920s) |
| depression | 1930s |
| Stock Market Crash | 1929 |
| United States | dominates world production in 1920s |
| Germany | reparations ruin its industrial production |
| Great Britain/France | depression weakened their democracies |
| high protective tariffs | taxes on goods--makes depression worse |
| credit | people use to buy stocks |
| bank failures | occur because of excessive credit |
| price collapse | 1930s--because trade is way down |
| Jews | blamed for Germany's economic collapse |
| NAFTA | free trade agreement (U.S., Canada, Mexico) |
| World Trade Org. (WTO) | --promotes free trade |
| International Monetary Fund (IMF) | gives loans to developing countries |
| European Union (EU) | created to compete against U.S. domination |
| multinational corporations | companies in many countries due to interdependence |
