Adolf Hitler And The Nazi Party

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Hitler as Chancellor In January 1933, Adolf Hitler capitalized on his appointment to Chancellor as a new government began forming around him. Conservative politicians responsible for placing him in power had envisioned a way to harness Hitler and the Nazi party (also known as the National Socialist German Workers’ Party) to establish an authoritarian government by replacing the republic. Hitler, recognizing the circumstances, masterfully established his own totalitarian regime and maintained complete control. In 1945, a dozen nations had worked together through more than a half decade of warring finally succeeded in removing Hitler from power only after they had committed heinous war crimes known as the Holocaust. Postwar Era and Unification Following the Second World War, Germany had split into two states: East and West Germany. East Germany fell behind economically and forced its citizenry from moving to West Germany. West Germany, conversely, had become overwhelmingly successful. West Germany had established itself as one of the world’s wealthiest nations. Finally, in 1990, full German unity succeeded in bringing both West and East Berlin together. IV. The Country’s Financial System a. Historical Overview The German banking system has a long and significant history. From the Fugger’s, the Welser’s, and Hochstetter who were, among other professions, mercantile bankers and venture capitalists. Berenberg Bank, which was founded by brothers Hans and Paul Berenberg in 1590

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