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Collapse of wall street 1929
Great depression wall street crash
Great depression and international relations and politics
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Seen as one of the harshest times, the Economic Depression did not only affect Germany. The Wall Street Crash had an enormous effect on many countries all over the world. As mistaken by economists and leaders, the “mild bump” increased to an overgrowing problem, which ended with disaster. As the value of money decreased, many governments decided to print more money.
Germany’s economy was very susceptible since it was built up on the American loans. The country was also dependable on foreign trades. As the Germans still had to pay the reparations, which were due to the War guilt from World War I, the banks throughout Germany failed, along with many production levels. Almost every German citizen suffered from the Economic Depression. It was not only one or two parts of society which were affected, but mostly every social class. At the time the stock market crashed, Germany was just developing its economy, since Germany lost most of their industry to the Allies in the Treaty of Versailles. The Great Depression in 1929 was a huge contribution for Hitler’s rise to power. As most people lost their jobs and the unemployment increased disastrous, the German inhabitants did no longer believe in the Weimar Republic. Money was not valuable anymore and many Germans suffered from poverty and illness. Hitler always hated the Weimar Republic. As for that, the Economic Depression increased his votes for the Chancellorship enormously. Hitler took this to his advantage. Hitler gained a lot of respect, since he criticized the Weimar Republic publicly and in every speech he held, he spoke out what the German people thought. Hitler and the Nazis promised the inhabitants of Germany jobs and a strong leader if they would vote for the Nazi party with...
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...impact in Hitler’s rise to power. Whether some reasons are long-term causes and others short-term causes there is not only one specific event, which lead to Hitler’s success. Presumably the appointment of Hitler as Chancellor by President Hindenburg and von Papen was a much more prosperous event than the Enabling Law, in 1933. In my eyes, Hitler’s rise to power was contributed towards many smaller, effective events, which then in the end resulted in him becoming President of Germany. As he was President, he was intimidating and terrorizing the people, trying to start a dictatorship in the country. The contribution of all these small incidents is the key to Hitler’s rise to power. None of the reasons explained above, were pivotal as alone-standing acts, but more likely the combination was Hitler’s success and his final goal, to reach presidency, in his rise to power.
The Great Depression was among the most important factors in creating the climate that allowed for Hitler’s rise to power, and his eventual beginning of World War II. The Great Depression, in addition to losing World War I, created a German populace that was humiliated. This allowed Hitler, with his soaring nationalist rhetoric, to take win a large share of the electorate in the early 1930’s. This is because Hitler appealed to their humiliation and promised to restore Germany to his past glory. Thus, the Great Depression was absolutely essential in making Germany into an aggressor. However, it was unimpacted by the Treaty of Versailles. In fact, the Great Depression originated in the United States, which did not even sign the Treaty of Versailles. It may not be clear why the Great Depression, which began in and most impacted the United States, caused Germany, and not more negat...
Hitler was superb at convincing people to believe everything he said. He promised the people a roast in every pot, security, and many more things. By promising the people security that meant that he would keep them all safe and that he can do a better job than anyone else. Adolf Hitler increased in support from bankers and industrialists. So, pretty much he had most of the people who had higher power on his side durning this time period. The the united States stock market crasedd in October 1929 unemployment in Germany quickly rose to over six million. This opened another window for Hitler to get more peoplewho thought that they had nothing and their life was over to side with him. President Hindenburg did not want for Hitler to become the chancellor so instead he appointed Von Pappen but, Adolf Hitler did not agree nor did the Nazi's. hitler eventually did become the chancellor on January 30th, 1933 Hitler then banned all political parties. In 1934 the president died and Adolf Hitler forced his way into power. Now that he was the president he can change anyhting that he wants.
build up a name for himself, as well as, to get to know people in high
to reach he would have to do it legally, and so he decided to stand
To them, they lost everything and were now forced to sink more into debt to repay their debts. In Germany, they were in a state of political uncertainty as the population did not want a government that led them to defeat. Also, the citizens were facing economic struggles due to the Treaty of Versailles because they were forced to keep printing money, resulting in hyperinflation. However, the whole world would soon face financial struggles after the stock market crash in 1929. This led to a period known as the Great Depression that sent the entire world into a state of economic uneasiness as factories were forced to shut down, resulting in the loss of jobs, which in turn led to people going hungry.
That is the biggest impact that he had on World War II. What the reader should have taken away from this paper is why Hitler did what he did, and why he did the way he did. Also, what the reader should take away is the problems he had when he was little and the problems he had when he was on his own. How he dealt with all these problems and why he was doing what he was doing. And why he developed his hate for Jews and how that happened.
The Effect of the Great Depression on Hitler's Power There is no simple answer as to why Hitler became chancellor in January 1933. There are a number of causal factors which all contributed to his rise into power. Any of the factors, on its own, however, would not have resulted in his appointment. They are all linked in a web of causation and if any of the factors were missing, Hitler would not have been appointed chancellor. Of the factors I would say that the Great Depression was the most important.
Hitler was able to rise to power because of desperation and a desire for change among the German people. The Great Depression began in the United States in
Support for the Nazi party was due to the growing belief that it was a
“We must close union offices, confiscate their money and put their leaders in prison. We must reduce workers’ salaries and take away their right to strike.” Sounds familiar? This quote was said by someone who was a major impact in the 20th century; this is Adolf Hitler the god of Nazi. Adolf Hitler was one of the most unyielding and destructive rulers in all history. In my opinion I think this person is one of the most important or that impacted the 20th century because before and after there was a chaos. Adolf Hitler was the leader of the Nazi Germany from 1933 to 1945. He initiated the “Holocaust” and the “World War II” and oversaw fascist policies that resulted in millions of deaths. Hitler serves as a
The main reason was that people were discomposed that Germany had lost a war and most of the people blame for the defeat. On the other hand, during 1929-1933, the worldwide Great Depression, which impacted Germany, and there was no leader of Weimar could solve the economic problem.
After the terrible causes of World War I, Germany was stuck in the ruins. They were still trying to rebuild and recover from the war. The Treaty of Versailles, along with the Great Depression severely affected Germany. The unemployment lines increased, and food was scarce. Money was a huge hassle too, the factories were all closed and the savings were completely wiped out. Due to all these economic is what made Hitler’s rise to p...
...After we consider all these points mentioned we begin to see how everything worked and connected to form one huge disaster for Germany. We start to see how all these things played a part, the reparations led to unemployment that led to no money that led to overprinting of money. How the huge consequence of the reparations led to the unsuccessful paying of it leading to the French invasion of the Ruhr which led to strikes and therefore no products to trade with. How the unstable Weimar government led to extremist parties that damaged the economy further and brought inflation to its highest. The effects were probably the worst, the starvation coupled with the disease epidemic that killed people off and the worthless tonnes of paper notes roaming around the nation. It all in all was a very bad time in Germany one that they always found it hard to recover from.
Severe economic problems arose in Germany essentially due to the punitive provisions of the Treaty of Versailles. “The German government began to print money to pay its bills.” (McKay, 872). In order to make up for the massive debt and reparations connected to the Treaty of Versailles, the government started to print loads of money. The influx of money across Germany due to newly printed bills caused prices to rise. Money became rather worthless with an abundance of it, which hurt many people’s incomes. Hyperinflation soon occurred, which put the economy in a weak position and further contributed to the downfall of the Weimar Republic.
The Wall Street Crash and The Great Depression When the stock market collapsed on Wall Street on Tuesday, October 29, 1929, it sent financial markets worldwide into a tailspin with disastrous effects of the sand. The German economy was especially vulnerable since It was built out of foreign capital, mostly loans from America and was 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 machinery quickly ground to a halt. As production levels fell, German workers were laid off. Along with this, banks failed throughout Germany.