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Great depression germany gcse
Germany economy and the treaty of Versailles
Economic impacts that the Treaty of Versailles had on Germany
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Many countries wanted to make themselves economically independent, because of the Great Depression, which had a huge impact on Germany, they no longer wanted to depend on others. Known as autarky, this desire caused major conflict throughout Europe, especially prior to WWII. In Germany, Hitler wanted to make Germany as self-sufficient as possible. During the 20th century, Autarky appealed to the people who were most impacted by the Depression by promising them hope for economic prosperity; however, this promise resulted in nations increasing the size and scope of their military and preparing for war. The Great Depression hurt the world’s economic system and made autarky appealing to people and leaders of many nations. The Great Depression left behind a negative effect for the people like increased taxes,confiscated land, and forced labor etc. For instance, the text Crisis & Conflict on The Global Stage, stated that “The Great Depression hurt the local economies tremendously. Colonists were already feeling …show more content…
This helped them prepare for war because they wanted to go out and conquest other places that had these need materials. Hitler was a great example because he realized that in order to accomplish a “Autarky Germany” he had to go out and overtake other countries. For example, the website historyresource.wordpress.com, states that “Hitler was now determined that self-sufficiency could only be achieved by conquering other countries to gain access to their raw materials. He turned to Albert Speer to organize a Total War Economy.” This extract from the website demonstrates indirectly that the only to get these stuff would be by going into war in order to conquest these area because the nations would certainly not give themselves up. To wrap it up, autarky caused nations to go into war because of the same idea of not wanting to depend on
The Great Depression is a sad era of United States History. The Great Depression was a massive economic depression. It affected many people’s lives across the United States. People’s lifestyles changed dramatically going into the Great Depression. There were many factors that caused the Great Depression.
With nationalistic ideals, countries involved in the war went full force with weapons and men. According to document 6, “In the coming century, the German nation will either be the hammer or the anvil.” The Germans need to have a strong military with warfare to prevent them from loosing to keep their nation alive. Document 12 is a graph that shows the amount of money spent during the war. Germany had the highest increase in expenses from 1890 – 1914, as they were going full force in the war. “I believe that a war is unavoidable, and the sooner the better.” (doc. 15) Germany was a very patriotic country; as the war was not avoidable for them. Militarism helped cause World War I because each country with nationalism in its core was heavily devoted to the
The Great Depression was the biggest and longest lasting economic crisis in U.S history. The Great depression hit the united states on October 29, 1929 When the stock market crashed. During 1929, everyone was putting in mass amounts of their income into the stock market. For every ten dollars made, Four dollars was invested into the stock market, thats forty percent of the individual's income (American Experience).
Weize Tan History 7B 3/09/14. Chapter 23 1. What is the difference between a. and a. What were some of the causes of the Great Depression? What made it so severe, and why did it last so long? a.
The Great Depression was one of the greatest challenges that the United States faced during the twentieth century. It sidelined not only the economy of America, but also that of the entire world. The Depression was unlike anything that had been seen before. It was more prolonged and influential than any economic downturn in the history of the United States. The Depression struck fear in the government and the American people because it was so different.
During the 1920's America experienced an increase like no other. With the model T car, the assembly line, business skyrocketed. Thus, America's involvement in World War II did not begin with the attack on Pearl Harbor. Starting in October 1929, the Great Depression, the stock market crashed. It awed a country used to the excesses of the 1920's. These are the events that lead up to the crash.
The period after World War One was very politically unstable. Many different kinds of governments, such as fascism and communism, were coming up all over Europe. One country that especially faced this political fluctuation was Germany. After the war, Germany was forced into a democracy known as the Weimar Republic, but this government soon collapsed and Hitler’s fascism took over. There were various factors that contributed to the fall of the Weimar Republic, but three major ones were the lack of popular support for the government, the lack of efficiency and internal organization, and the competition of other, more conservative parties such as the Nazis.
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.
The Great Depression was one of the most important historical events that has happened within the last century that impacted every Americans life one way or another. There were many factors that could be an explanation of why The Great Depression happened, but there is no one definitive list of the reasons of what caused The Great Depression. It was a mixture of events in the United States and outside of it that probably led to this period of time to happen. The main reason that everyone could agree on was the event of the Wall Street Crash of 1929. Because of The Crash, it made people go on a bank run which made thousands of banks to close because they simply did not have all the money for all the people wanting to withdraw their savings. Because everyone was trying to take their savings out, most people were turned down by the bank and essentially lost of their savings in the bank. The banks were failing and because they had no more money left, this stopped the banks from having available credit for people to use which made matters even worse for the people. This leads people to poverty and were left with nothing. Because people were poor and were scared of spending their money now, it made people stop buying extra things that weren't essential to live. This was the cause of the unemployment rates during this time period because if no one was buying anything, then there was no reason to keep extra workers for things people are not buying.
The Great Depression was in no way the only depression the country has ever seen, but it was one of the worst economic downfalls in the United States. As for North America and the United States, the Great Depression was the worst it had ever seen. In addition to North America, the Depression greatly affected Europe and other various countries throughout the world significantly during the 1920’s and 1930’s. The Great Depression was caused by the collapse of the Stock Market, which happened in October of 1929. The crash exhausted about forty percent of the paper values of common stocks. It was the worst depression due to the fact that at the time of the Great Depression the government involvement in the economy was higher than it had ever been. A unique government agency had been set up exclusively to prevent depressions and their related troubles for instance bank panics. All of ...
Great Depression was one of the most severe economic situation the world had ever seen. It all started during late 1929 and lasted till 1939. Although, the origin of depression was United Sattes but with US Economy being highly correlated with global economy, the ill efffects were seen in the whole world with high unemployment, low production and deflation. Overall it was the most severe depression ever faced by western industrialized world. Stock Market Crashes, Bank Failures and a lot more, left the governments ineffective and this lead the global economy to what we call today- ‘’Great Depression’’.(Rockoff). As for the cause and what lead to Great Depression, the issue is still in debate among eminent economists, but the crux provides evidence that the worst ever depression ever expereinced by Global Economy stemed from multiple causes which are as follows:
Since the unification of Germany in the late 19th century, attitudes of nationalism, Prussian militarism and expansionism saturated German society. As one can clearly see in the writings of the influential German historian, Heinrich von Treitschke, war and territorial expansion were seen as being necessary to the preservation and advancement of German society. He states that, “War is for an afflicted people the only remedy… Those who preach the nonsense about everlasting peace do not understand the life of the Aryan race, the Aryans are before all brave.” The mobilization of the people and resources, for the purpose of making war, were believed to be the means of preservation and advancement of German society. These ultra-nationalistic attitudes and beliefs resulted in widespread German enthusiasm with the coming of war in 1914. As expressed in a German newspaper, The Post, “Another forty years of peace would be a national misfortune for Germany.”
The US government’s role in the Great Depression has been very controversy. Different hypothesizes argued differently on the causes of the Great depression and whether the New Deal introduced by the government and President Roosevelt helped United States got out of the depression. I would argue that even though not the only factor, the US government did lead the country into the Great Depression and the New Deal actually delayed the recovery process. I will discuss five different factors (stock market crash, bank failure, tariff and tax cut, consumer spending and agriculture) that are commonly accepted to cause the depression and how the government linked to them. Furthermore, I will try to show how the government prolonged the depression in the United States by introducing the New Deal.
The Great Depression was a period of first-time decline in economic movement. It occurred between the years 1929 and 1939. It was the worst and longest economic breakdown in history. The Wall Street stock market crash started the Great Depression; it had terrible effects on the country (United States of America). When the stock market started failing many factories closed production of all types of good. Businesses and banks started closing down and farmers fell into bankruptcy. Many people lost everything, their jobs, their savings, and homes. More than thirteen million people were unemployed.
The Great Depression was the deepest and longest-lasting economic downfall in the history of the United Sates. No event has yet to rival The Great Depression to the present day today although we have had recessions in the past, and some economic panics, fears. Thankfully the United States of America has had its shares of experiences from the foundation of this country and throughout its growth many economic crises have occurred. In the United States, the Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors ("The Great Depression."). In turn from this single tragic event, numerous amounts of chain reactions occurred.