The German Economy and Societal Change: 1890-1991 Essay

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In this essay I will consider to what extent the German economy has been central to change regarding the development of Germany over the whole period, 1890-1991. I will consider the German economy under the Kaiser in accordance with World War 1, during Hyperinflation under the Weimar Republic in 1923, in Nazi Germany under Hitler and in East and West Germany leading to the building of the Berlin Wall. It appears that the German economy to a large degree has been exceedingly central to change in the country over this entire period. It is evident though that the economy itself has not solely been the derivation of precise events over the course of the period. There have been other ideas and proceedings that must be taken into consideration …show more content…
This suggests that the booming German economy during the reign of the Kaiser can be considered central to change as it contributed to World War 1.
Economic difficulties during the Weimar period can also be considered central to change. In 1923, Hyperinflation in the Weimar Republic reached its highest. It portrayed the Weimar Government in a negative light and undermined their status as the governors of Germany. This directly made German citizens turn to the radical parties of the time which were the Left Wing Communists and Right Wing Nazis. This occurrence is a strong illustration of how German economy was crucial to change as it handicapped the premature democracy. Furthermore, The Wall Street Crash between 1928 and 1929 is also an indication that economic problems were central to change. Germany was severely hit by the depression as American loans to help rebuild the German economy were stopped. Unemployment soared and so many turned to extremists parties. Hyperinflation and The Wall Street Crash therefore strengthened the support for radical parties such as the Nazis and helped lead to their eventual ascension to power.
Likewise, Economic complications during Hitler’s rule can also be considered vital to change. In 1934, Hitler began spending more on rearming. This gradually got Germany into more debt, creating a huge deficit and national debt. Braun states, ‘Military investment also exceeded civilian investment from 1936 onwards.’ Hitler ordered Goring to have…