Interwar Period (11 Nov 1918 Jahr – 1 Sept 1939 Jahr)

Beschreibung:

Denmark's neutrality during World War 1 allowed it to supply both sides and profit from this war. It used this profit to lessen the effects of the great depression and stimulate a quick economic recovery.

Each Nordic state specialized in commodities that were high in demand in both Britain and Germany, the two largest and most important countries.

Sweden specialized in iron ore, Finland in paper, Denmark in agrarian products, and Norway in nickel and aluminum.

Germany's expansion created a tense political climate, and the Nordic states relied on political cooperation while other countries turned inwards in an attempt to become more self-sufficient.

Representatives from Norway, Denmark, Finland, and Sweden met numerous times throughout the interwar period to establish strategies, which protected industries such as timber and agriculture that were exposed to international competition.

The most important meeting proved to be The Oslo Convention in 1930, which included the four Nordic countries (Finland joined late), Belgium and the Netherlands.

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