How Did The Great Depression Affect Germany In The 1930s

After Germany’s humiliating defeat in World War I, Germans had little faith in their government, and in the early 1930s following the stock market crash in New York, Germany was economically struggling . Millions of people were out of work due to the world wide catastrophe making it an opportune time for Hitler and the Nazis to rise into power. Hitler, who was a powerful and spellbinding speaker, attracted Germans desperate for change. He promised to make Germany a better country and promised the disenchanted, a better life. Nazis appealed especially to the youth, unemployed, and members of the lower to middle class. Hitler’s rise to power seemed instantaneous. Before the economic depression, Nazis were virtually unknown, winning less than 3 percent of the vote to the Reichstag, which was the German Parliament. However, in the 1924 elections, the Nazis won a whopping 33 percent of the votes which was more than any other party. In January of 1933, Hitler was appointed Chancellor, the head of German Government . The Germans were convinced that they had found a savior for the Nation. The timing of his rise made it very easy for Hitler to gain power in a democratic government because people were hopeless and wanted a fast solution to the deficit. He promised things like a stronger economy, prosperity, and anything that they desired . He focused on first getting noticed and then grew from there. He didn’t say anything but what the people wanted to hear. Getting the people of Germany to trust him was how he started to gain so much control. Unfortunately, Hitler’s charm and persuasion was not the sole reason why Hitler gained so much power in a democratic

The Great Depression can be considered the true test of American resilience. Americans faced many adversities and struggled to make it through each day. The Great Depression did not begin on one single day, but was something that had been stirring for many months prior. The day of the stock market crash, October 29, 1929, everything came to head and from that day on America was thrust into a terrible economic depression which would take over 10 years to recover from (Gitlin 58). The economic depression did not occur overnight but was series of events which accumulated in the recession of the economy. Once America entered World War I, it was thrust into a time of prosperity, but as the end of war came closer so did an end to the good times (Gitlin 8). Soldiers were coming home expecting to collect the benefits of the war, which everybody else had received but instead were faced with the prospect of being unemployed and the start of the economy 's downfall. The problem was although the war was over, the mass productions still continued to flood the market. Producers continued to manufacture goods at wartime levels, leading to a surplus of products in circulation and thus forcing the prices to drop (George 14). The time after World War I became known as one of the most difficult times in American history. Many Americans were unemployed and struggled to provide for their families. But on September 1, 1939, Germany

During the 1930s. the United States faced one of the greatest economic depressions in history, known as the Great Depression. Since many people essentially manipulated the stock market to their advantage, they eventually got richer. However, on October 29,1929, the stock market crashed since so many people wanted to sell their stocks but so few people wanted to buy these products, which caused prices to collapse. This led up to issues such as banking crisis, where banks who invested so heavily on the stock market lost so much money. In fact, people who deposited money lose everything they had. In addition, factories that has overproduced goods had also lost tons of money since businesses were producing far more goods than people were consuming. All these events that led to the Great Depression. Although Franklin D. Roosevelt came into office in 1933 and released his plans known as the New Deal which were essentially government programs that provided aid to Americans, it did not change the fact that the economy was still largely suffering. Meanwhile, tensions in Europe also increased as European countries were devastated from the hard times occurring in their nation. Following totalitarianism as a political system, many European countries were led by dictators. One of the most important dictator, was German leader Adolph Hitler. Germany, who had lost a lot power and land, after the loss in World War I and the

When the American Stock Exchange collapsed in 1929, Democratic Germany collapsed because America called in all of her foreign loans. America had been supporting Germany by giving them two massive loans in 1934 and 1929 to help support the Weimar Republic. After the German market crashed, they were unable to get money from France and Britain, as they were still recovering from World War I. America was the only country that could have helped them, but the country was bankrupt from the Stock Market Crash. The lack of money in the Germany caused many businesses to close. The number of unemployed people in Germany reached around six million, and many of them tried to turn to communism. This scared the wealthy individuals of Germany, so they financed Hitler’s campaigns.

Adolf Hitler was seen by most to be a forceful European leader, this being one reason, that by 1935, Nazi policy fundamentally ended the depression. Hitler had been deliberate from the beginning in implementing a considerable rearmament program that would put Germany back to work. The increased spending for rearmament initially

In Germany the economy was especially vulnerable since it was built out of foreign capital, mostly loans from America and was very dependent on foreign trade. When those loans suddenly came due and when the world market for German exports dried up, the well-oiled German industrial machine quickly ground to a halt. As production levels fell, German workers were laid off. Along with this, banks failed throughout Germany. Savings accounts, the result of years of hard work, were instantly wiped out. Inflation soon followed making it hard for families to purchase expensive necessities with devalued money. Overnight, the middle class standard of living so many German families enjoyed was ruined by events outside of Germany, beyond their control. The Great Depression began and they were cast into poverty and deep misery and began looking for a solution, any solution. By mid-1930, amid the economic pressures of the Great Depression, the German democratic government was beginning to unravel. The crisis of the Great Depression

Germany had very low employment rates in this time and it made it even harder to get back to a stable economy. In this time a lot of people had no jobs so this also did not help Germany because companies were going out of business. This directly led to the decline of Germany's economy. When having no business’s running the country as no money coming in and can not send anything out.

The New York stock market crash in 1929 sparked a worldwide economic crisis (“Hitler Comes to Power”). By June of 1932, six million people were unemployed in Germany and the economic distress led to a rise in the support of the Nazi party; consequently, the Nazi party won the votes of almost 40 percent of the electorate in the German parliament elections of July 1932 (“Hitler Comes to Power”). However, by November of 1932, the Nazi party lost two million votes from the previous July (“Hitler Comes to Power”). Adolf Hitler formed an alliance with the conservatives and after

The German government ordered the workers to strike as a form of passive resistance. To compensate these workers the German government printed huge amounts of new money. This led to inflation. German currency rapidly lost value. Many people were unemployed and on the brink of starvation.

Fact: 1929 was the start of the Great Depression which damaged nearly all of the world. The depression started in USA when the American stock market crashed as well as it’s economy. As a result, the US tried to recoup some of the money that they had lent Germany after the first World War. Germany did not have any of that money and furthermore the german businesses started to crashed. More people were unemployed and more became especially unhappy with the Weimar government.

The Great Depression was a period of low economic activity and rising unemployment. It was a brief period of prosperity that began in Europe in 1924 and ended in an economic collapse. Two factors played a major role in the start of the Great Depression. The first one was a series of downturns in the economies of individual nations in the second half of the 1920’s. The second role that was played was an international financial crisis involving the U.S. stock market. Much of the European prosperity between 1924 and 1929 was built on U.S. bank loans to Germany. During the 1920’s, the U.S. stock market boomed. In 1928, American investors pulled money out of Germany to invest it in stocks. On October 1929, the U.S. stock market crashed. Economic Depression was not new to Europe, however the downturn in 1929 made the “Great Depression.” This was the worst it has ever been and it made a big panic throughout Europe. Governments and people of Europe were unsure of how to respond to the crisis. It had serious political effects, one of the effects was increased Government activity in the economy. In 1924 to 1929 Germany was struck with The Great Depression. In 1930, unemployment had grown to 3 million people by March, The depression paved the way for fear and the rise of extremist parties. France also struggled with financial problems after the war. France had a more balanced economy so they didn’t feel the effects of The Great Depression until 1932. In 1932 and 1933, six cabinets were formed as France faced

Germany after World War I and around the time of the Russian Revolution had experienced a culture change. People within Europe had begun to attend theaters, athletic events, and more to escape from the reality of the aftermath of the wars (Brose, 145). During the Revolution the United States had a devastating event occur. In 1929 the stock market had crashed, which was famously known as the Great Depression, which led people in Europe into a devastating shock. The depression piled more stress onto the European population, for they were already struggling with the economic crisis that was created by World War I. Due to the mental state of the men after the war, the unemployment rate was already off the charts and it continued to escalate even

In 1933 Adolf Hitler was chosen as Chancellor of Germany by president Paul von Hindenburg. With this, the Nazi party came to power. Originally called the National Socialist German Workers party (Nazi for short), the Nazi party emphasized how Laissez-faire capitalism, economic liberalism, and democracy failed in government. The National Socialists stressed the importance of the impeccability of the German race. Although they had very determined ideas, The Nazi party began as a relatively small group in 1918. But coming into the 1930’s this was not the case. The widespread use of propaganda and radio broadcasting were instrumental to the rise of Hitler and the Nazi party.

This was due not only to Hitler’s strongly persuasive oratory skills, but also due to their strong use of propaganda in which Hitler used the failures and misery caused by the great Depression to his advantage. Hitler appointed Goebbels as head of propaganda in 1930 and then adjusted the Nazi aims to what the public wanted, in order to gain support, for example they increased propaganda blaming Jewish people for Germany’s problems and convinced many Germans that the Jews were to blame for the poor economic state. Hitler already had the support of German industrialists and upper middle class socialites; however in order to have a majority in the Reichstag and thus become chancellor he needed to broaden his appeal. He did this using propaganda aimed at those worst hit by the depression such as the rural and lower middle class, as well as

Prior to the Great Depression, Germany was already in a poor economic and political state. More than 6 million Germans were out of work. Germany also had to pay massive reparations for supposedly being solely responsible for all the destruction that WWI caused, and the government was unstable, with several parties vying for power. The current government, the Weimar Republic, was losing support and there was no clear successor to be the new government of Germany. How did the Great Depression affect an already gloomy Germany? How did Hitler and the Nazis take advantage of the economic crisis?