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Hyperinflation During Germany Interwar
Hyperinflation During Germany Interwar
Effects of the treaty of Versailles on Germany
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Part A: Plan of Investigation
This investigation will address the research question, to what extent was Germany’s post-World War I economic depression a causal factor in Hitler’s rise to power from 1919 to 1934? With the Treaty of Versailles, the German government was required to pay 132 billion gold marks of war reparations, drastically worsened with the US Wall Street crash. This effectively crippled the German economy and created a desperate people. For this investigation, Hitler’s private life history and pre-military career will not be analyzed. His political rise will be examined from the perspective of economic and social factors. Several primary sources will be explored, including the Hitler’s Mein Kampf and Hitler’s 25-Point Program. In addition, tertiary sources covering Hitler’s non-personal life and rise to power will be studied.
Part B: Summary of Evidence
The Treaty of Versailles, representing the formal end of World War I, was signed on June 28, 1919. This treaty calculated the liabilities for the German government at 132 billion gold marks, to be funded over the course of 37 years. The German mark suffered massive inflation; in 1913 it cost 4 marks to buy a US dollar. By 1922, it cost 7,000 marks.
Adolf Hitler, a veteran of World War I, joined the ranks of the newly named National Socialist German Workers, or Nazi, party (NSDAP) in 1919. On February 24, 1920, he published a document outlining the goals and beliefs of the Nazi Party called the 25 Points. These included the abrogation of the Treaty of Versailles, the exclusion of Jews from the German “race,” the prevention of Jews from living in Germany, and the formation of a national army. Hitler outlined the economic benefits of these proposals in a Munic...
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...eview no. 67 (September 2010): 42-48. Accessed March 3, 2014. History Reference Center, EBSCOhost.
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Halsall, Paul. "The 25 Points 1920: An Early Nazi Program ." Modern History Sourcebook. Accessed February 3, 2014. http://www.fordham.edu/halsall/mod/25points.asp.
James, Harold. "The Causes Of The German Banking Crisis Of 1931." The Economic History Review 37, no. 1 (1984): 68-71.
Maier, Wendy A. "Adolf Hitler." In World at War: Understanding Conflict and Society. ABC-CLIO, 2005. Accessed February 4, 2014. http://worldatwar.abc-clio.com/.
Roberts, Priscilla. "Reparations: World War I." In World at War: Understanding Conflict and Society. ABC-CLIO, 2005. Accessed February 4, 2014. http://worldatwar.abc-clio.com/.
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It is obviously disturbing to sit and read what a man like Adolf Hitler would write about as he sat in his jail cell. The scary part was the number of people he had following to believe that his order was so right for their quest for a Great Germany. Upon his exit of his jail term in December of 1924, he then proposed his twenty-five points, along with the National Socialist German Workers' Party that he created ( a.k.a. Nazi), where he announced this program to the world. This obviously to cause a stir in the United States. In his order was his obvious statement for his hatred of Jews and his ideas in making the world ...
The historical field concerning the Weimar Republic, Germany's parliamentary government during the interwar years, is not only an extremely sophisticated area of study, but an extremely competitive one as well. In the early eighties, a much heated and unprecedented scholarly dispute arose surrounding The Collapse of the Weimar Republic, written by David Abraham - at the time, a fledgling historian and assistant professor at Princeton University. Nazi seizure of power from the Weimar Republic has long intrigued scores of historians. Various models have been constructed in an attempt to explain how an entity such as the Nazi movement came to power over such an industrially, culturally, and socially advanced society such as Germany's (Notes from Jamie van Hook 2/14).
The Treaty of Versailles is a cause of World War II because of the restrictions it placed on Germany as the alleged sole aggressor of the war. The war reparation totaled $98 billion, and under Clause 231 Germany was forced to take the entire load onto her ruined economy and attempt to repay the debt starting with an initial $5 billion payment. In terms of military, Germany was limited to a 100,000 man army, with her navy stripped to the level of a coast guard, she was allowed no heavy artillery, no weapons of mass destruction and the border with France became a demilitarized zone for 15 years following the signing of the treaty on June 28 1919. Germany also lost all her territories in Africa and became a mandate of the Allied Forces, those living in mandated zones could participate in “self-determination” after the Allies taught them how to be a democracy (...
At the end of World War One, Germany was required to pay a large sum of money to the Allies consequently resulting in the German Depression. The sum Germany had to pay was set after the Treaty of Versailles was enacted at approximately six billion, six hundred million – twenty-two billion pounds, (World War Two – Causes, Alan Hall, 2010). The large amount of reparations that Germany had to pay resulted in a depression and angered the Germans because they thought it was an excessive amount of money to pay, (World War Two – Causes) The Germans hatred of the Treaty of Versailles was of significant importance in propelling the Nazis to power. Germany could not pay their reparations and was forced into a depression, (World War II – Causes). The Treaty of Versailles deprived Germany of its economic production and its available employments, (World War II – Causes). The German Depr...
Furthermore, to understand why historians focus on other periods in the Weimar’s history, in particular the consequences of the treaty of Versailles and the consequences of the Wall Street crash in 1928 which led to its collapse. Many historians in the period 1970 – 2000 attempted to write a complete account of the Weimar republic and very few succeeded, however, E.J. Feuchtwanger’s ‘From Weimar to Hitler’ published in 1993 is one of the most successful overviews published.... ... middle of paper ... ...
McKale, Donald M. Nazis after Hitler: how perpetrators of the Holocaust cheated justice and truth. Lanham, Md.: Rowman & Littlefield Publishers, 2012. Print.
Bibliography Primary Sources J Hite and C Hinton, ‘Weimar and Nazi Germany 2000’. Manchester Guardian Report, 13th April 1933. Franz Von Papen’s Speech at Marburg University, 17th June 1934. Rohm’s Speech to foreign press April 18th 1934. Field von Weich’s account of Hitler’s Speech to the leaders of the SA and most of the senior Reichswehr generals 28th February 1934.
Wistrich, Robert S. Hitler and the Holocaust (Modern Library Chronicles). New York: Modern Library, 2003. Print.
... as seen throughout the 20’s. Theo Balderston, economic historian, describes reparations as “a tax collected from German citizens by the German government acting as the Allies’ “fiscal agent.” However, this tax lacked the “moral legitimation” that normally accompanies tax collection. The German government and the society thought the allied assertions to be one-sided and unfair. . It became a double edged sword, not only being an economic issue, but had much to do with lowering of German morale and sparking anger. Balderston goes on to point out that reparations were like a levy received from Germans by their government assisting as the Allies “fiscal agent” (Feldman, 1997).
Evaluating the View that the Depression Was the Main Reason Why Hitler Was Able to Become Chancellor By 1933
During the Holocaust, around six million Jews were murdered due to Hitler’s plan to rid Germany of “heterogeneous people” in Germany, as stated in the novel, Life and Death in the Third Reich by Peter Fritzsche. Shortly following a period of suffering, Hitler began leading Germany in 1930 to start the period of his rule, the Third Reich. Over time, his power and support from the country increased until he had full control over his people. Starting from saying “Heil Hitler!” the people of the German empire were cleverly forced into following Hitler through terror and threat. He had a group of leaders, the SS, who were Nazis that willingly took any task given, including the mass murder of millions of Jews due to his belief that they were enemies to Germany. German citizens were talked into participating or believing in the most extreme of things, like violent pogroms, deportations, attacks, and executions. Through the novel’s perspicacity of the Third Reich, readers can see how Hitler’s reign was a controversial time period summed up by courage, extremity, and most important of all, loyalty.
Farmer, Alan. "Hitler And The Holocaust." History Review 58 (2007): 4-9. History Reference Center. Web. 23 Jan. 2014
Shmoop Editorial Team.” Adolf Hitler in World War 2.” Shmoop.com. Shmoop University, Inc., 11 Nov. 2008. Web. 26 Feb. 2014
Adolf Hitler joined a small political party in 1919 and rose to leadership through his emotional and captivating speeches. He encouraged national pride, militarism, and a commitment to the Volk and a racially "pure" Germany. Hitler condemned the Jews, exploiting anti-Semitic feelings that had prevailed in Europe for centuries. He changed the name of the party to the National Socialist German Workers' Party, called for short, the Nazi Party. By the end of 1920, the Nazi Party had about 3,000 members. A year later Hitler became its official leader Führer. From this, we can see his potential of being a leader and his development in his propaganda.