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Treaty Of Versailles Make Up The Great Depression

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If we weigh up the Depressions significance in comparison to other events like the Treaty of Versailles, does it come out on top as the most destructive? I would argue that in political, economic and social aspects other than immediate finance, yes, the Treaty of Versailles served Germany an overt 132 billion gold mark fee whereas the Depression dealt 800 million marks however Germany was able to recover socially, economically and politically from the Versailles as proved in its “Golden years” of 1924-1929s economic stability via Gustav Stresemann’s Dawes plan (800-million-mark loan with America) and Rentenmark. Social recovery as people had more freedom than under the Keiser, expressed through art such as the Bauhaus archetecture movement, …show more content…

Germany is in fact dancing on a volcano.” But USA withdrawing their loan wasn’t an inevitability. The direness of the impact seemed to be the combination of events as Germany had just managed to recover before Stresemann died just 26 days before the Wall street crash, leaving Germany without an experienced leaders fortitude, meaning a significantly more powerful impact from the Depression for Germany politically as Brunings centre spectrum government couldn’t hold its own in November 1932 before being toppled by its polar opposites of extreme left(100 seats) and right wing Nazis who had 196 with the centre party holding only 90 seats. Economically as the key difference being the Depressions incredibly high unemployment rate, 6 million by 1933, created a ‘before and after’ psychological effect, which holds significance in the solidifying of the publics dismal mind set, therefore significant in altering Germanys ethos. Germany went from innovative and modern to economically crippled and chaotic, for many this repeated the feelings from the Treaty of Versailles which produced a similar ‘before and after’ effect, of which was Weimar's inception therefor its root association, leading the public to believe that there was a clear pattern of flaw in how Germany was run, thus turned to

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