The League Nations (LN or LoN) was the first worldwide intergovernmental organization. Its main intention was to keep peace after World War I. It was founded in 1920. After the War, there were many territorial disputes to be solved; the LN helped solve some of them such as Albania, Memel, Columbia and Peru.
On the other hand, the League failed due to several reasons. Some of them include the late joining of the USSR and that the US was never part of it. The League was never able to stop the aggressions from the Axis powers, event that led to the World War II.
The League of Nations<span> was an international organization that existed between 1920 and 1946. Headquartered in Geneva, Switzerland, the </span>League of Nations<span> vowed to promote international cooperation and preserve global peace.</span>
The government allowed the money supply to decline.
The collapse of housing prices led to decreased wealth and significant problems in financial markets, as well as a decrease in expected income and a stock market crash.
