Within the context 1814 1939, to what extent could the Wall Street Crash be considered the main economic cause of World War II between 1919 1939?
It is a widely held opinion that the Wall Street Crash was the primary economic cause of World War II considering the impact it had globally.
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However, due to the complex nature of World War II, defining one main cause which determines whether or not the said war will occur is extremely difficult and is a much debated topic amongst historians.
One must consider, not only the main catalyst causes like the Wall Street Crash, but also long term factors which have built up over time
to cause widespread unsettlement; factors such as the economic weaknesses of the Weimar Republic, the economic infringements the Treaty of Versailles put on Germany, and the Nazi?s appealing economic policies, such as Autarky.
With such a combination of economic factors all pushing for the same destructive outcome, it is imperative to look beyond the 20th century
in order to find patterns through history to prove that economic causes are at the root of all international disorder. When discussing the Wall Street Crash and its implications in bringing about World War II,
it is imperative to consider how it not only devastated the American economy, but also how it sent a whirlwind of disturbance and stress throughout Europe, followed by a complete state of ?weltschmerz?, or ?world pain?.
Succeeding World War I, countries such as France and Britain were borrowing money from America, in order to finance post-war reconstruction.
By 1919, Europeans owed the United States more than $10 billion and Calvocoressi writes ?…the turning off the American tap-…
because of the collapse of those markets – throttled Europe?s economies?[1] In particular, depression hit Germany with particular ferocity due to its reliance on American loans, ..
These treaty terms put substantial pressure on the French economy, however unlike the Treaty of Versailles, the Second Treaty of Paris was accepted by the French population and the establish
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