TOPIC 7.4
Economy in the Interwar Period
THEMATIC FOCUS
Economics Systems (ECN)
As societies develop, they affect and are affected by the ways that they produce,
exchange, and consume goods and services.
Unit 7: Learning Objective D
Explain how different governments responded to economic crisis after 1900.
HISTORICAL DEVELOPMENTS
KC-1
Following World War I and the onset of the Great Depression, governments began to take a more active role in economic life.
KC-2
In the Soviet Union, the government controlled the national economy through the Five Year Plans, often implementing repressive policies, with negative repercussions for the population.
Economics Systems (ECN)
As societies develop, they affect and are affected by the ways that they produce,
exchange, and consume goods and services.
Unit 7: Learning Objective D
Explain how different governments responded to economic crisis after 1900.
HISTORICAL DEVELOPMENTS
KC-1
Following World War I and the onset of the Great Depression, governments began to take a more active role in economic life.
KC-2
In the Soviet Union, the government controlled the national economy through the Five Year Plans, often implementing repressive policies, with negative repercussions for the population.