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Watch the attached video. Write out the following questions, answers & vocabulary then submit a picture for credit. When finished review the attached Power Point. 1) Why was the German economy in such dire shape after World War I? 2) Who was John Maynard Keynes and what did he argue? How did he think economies could be improved across the globe after the war? 3) How does Keynes’ economic philosophy relate to the U.S. Federal Government’s actions in the last few (and coming) weeks? (This one requires you to do some thinking and connecting!) 4) Describe the U.S.’ New Deal. 5) What was the New Economic Plan? Why was it significant? 6) Describe Stalin’s Five-Year Plan. What was the Russian people’s reaction to the collectivization of agriculture? Why? 7) What is Fascism and where did it begin? 8) How are Fascist governments and race related? 9) How did Mussolini structure the government and economy of Italy? 10) What steps did Hitler take to try to improve Germany’s economy? 11) What was significant about Vargas’ attempted reforms in Brazil? Terms You Should Know/Have In Your Notes From this Video: 1) hyperinflation 2) laissez-faire economics 3) deficit spending