Why Is The Great Depression Important To Germany

Hitler also brought his country out of an economic depression. The German depression was caused mainly by the Treaty of Versailles, and its detrimental economic impact on Germany. Basically, Germany was forced to pay for all damages caused by the First World War. Hitler’s policies that helped the German economy were part of his Third Reich. Hitler’s Third Reich led to one of the greatest expansions of industrial production and civil improvement in German history. This success was mainly due to the expansion of the military and the expansion of the money supply through deficit spending.

The Great Depression played a huge part in the start of World War II. War is good for business. It creates jobs and generates wealth. With everyone becoming very poor and needing some sort of hope, the conditions for the growth of fascism was perfect. Because of this, many countries turned into dictatorships. This played a major part in the rise of Hitler who gave them this hope. Some countries like Italy and Japan turned to building an

The Great Depression transformed American society and the way people thought about themselves and their relationship to the country. During this horrendous time period, many people lost many important pieces in their lives like money and jobs. Millions of families lost their savings as many banks collapsed in the early 1930s. They were unable to make rent payments or mortgage and many were removed from their apartments. The Great Depression challenged American families in vital ways, placing great economic demands upon families and their members.

The Nazi group had a major impact on the government and influenced the decision for the next Chancellor of Germany. “...Paul von Hindenburg, had appointed Hitler Chancellor. Having won more than 37 percent of the vote in the previous year's legislative elections, Hitler's Nazi party had enough power to effectively paralyze Germany's democratic government, which had been in place since 1919,” Smith says (pg.15). This shows that Hitler's Nazi group was extremely powerful and explains how Hitler arose to power. This quote reveals that Hitler had the most power since 1919, which demonstrates how powerful Hitler will become in the future. “By the early 1930’s, Germany was in desperate shape. Its defeat in World War One and the harsh conditions imposed by the United States, Britain, and France in the 1919 Treaty of Versailles - included debilitating reparation payments to the victors - had left Germany humiliated and impoverished, with ruinous inflation eating away at its economy. The worldwide Depression that followed the 1929 U.S. stock market crash exacerbated the situation as banks

The Great Depression affected many lives of americans and many others outside of the United States. The Great Depression first affected the people who were in the city. Then the depression reached the outsides of the cities and then the rural parts of the country. The wheat prices drop extremely. Then because of the poor farm practices from the many different plows used the Dust Bowl started. The Dust Bowl made it harder for farmers to survive in the Great Depression.

The Great Depression changed the lives of people who lived and farmed on the Great Plains and in turn, changed America. During this time period, many farmers ran out of business because no one could buy their products since many people were out of money.

As a result of the German reparations, the US decided to give them monetary assistance, paying large sums of money to the German government on a loan. When the US stock market crashed, investors began drawing money from the loans to Germany, causing the Great Depression to spread to Germany and Europe.

    The Great Depression significantly affected Americans lives, and even everyday activities. The unemployment rate reached an all time high for this time period. Instead of waking up to go to work, Americans were forced to search for jobs all day long because workplaces could not afford to to keep people employed.

During 1929, The Great Depression changed the shape of America and how many people would struggle during this time. The Great Depression had many issues happen that hurt many people and their jobs. President Hoover had a major impact during this time. The Great Depression started after the Stock Market Crash of 1929. The economy during this time was in a world of hurt and people in the economy were going through a rough time. Many farmers during this time lost money to pay for their jobs and could not have anything go in their favor while Hoover was in Presidency.

Contrary to popular belief, the Great Depression went beyond the shore of the United States and had a major impact on multiple countries. All countries involved in trade with the United States were greatly affected- one of these being Germany. When our stock market crashed, the production of various products were put to an abrupt hault. Without the necessary money and supplies to manufacture products, there was no way to do so. Then, this resulted in the loss of jobs by many factory workers bringing the unemployment rate in the US to a mind-boggling 24.75% in 1933.

The Great Depression is a major event in history. The policies led the rich to get richer and the poor to get poorer. Many people had no money and no jobs.

The Great Depression was a horrible time in the United States as we have learned through years of history classes. Americans struggled physically and mentally because of the depression. Suicide and admitting to mental hospitals, strain marriages increased during these times. The Great depression affected the relation between ethnic groups; increased competition for jobs which increased hostility and violence;african americans were killed; mexican americans voluntarily left country or were deported.

When World War I ended in 1918, it had many unforeseen economic consequences. Despite a stable economy when entering the war, the political consequences of World War I helped to spread and exacerbate the Great Depression. After the war, Germany had millions of dollars in reparations to the winning countries. France and Great Britain had massive damage to their countries and cities, all of which required rebuilding. The United States recognized a need and was more than willing to lend to these countries. When the Great Depression hit in 1929, U.S. banks started to fail, and began to call in these foreign loans and refused to lend more. Results of the Great Depression include a decline

In this essay I will assess to what extent the Depression was significant for Germany and explore how it impacted economic, political and social aspects of Germany during this time. I think that the Depression was extremely significant for Germany in many ways, with its paramount impact being its role as a catalyst in the rise of Adolf Hitler and Nazism within Germany, ultimately resulting in the Second World War.

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?