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Economic and social impact of the first world war
Economic effects of the first world war
Great depression and hitler
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Economics Depression and Hitler's Rise to Power
The economic depression 1923 & 1929, contributed to Hitler's rise to
power in many ways.
The first thing that led to the economic crisis was when the German
economy collapsed, as a result of the depression and low employment.
This was a result of the Treaty of Versailles that forced Germany to
pay reparations to the allies. The German people protested that it was
an intolerable strain on the economy, but the German government
ignored it. The German government did their best to play for time and
to negotiate concessions from the allies, but because the French were
quite impatient and also had to pay war debts to the USA they wanted
there money back, so French and Belgium troops invaded the Rhur, in
the Rhineland to take German goods and raw materials. This made the
Germans very angry and because of this as well as the strikes where
the German people refused to work, money became useless and there was
chaos round the whole country. Hyperinflation then set in. At the same
...
with Hitler, which allowed him to increase his Navy by thirty – five percent than
1934. By the end of 1935, GNP in real terms had reached the level of
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.
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
them make a full recovery but in the long run I don't think that they
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...
The Nazi Party was formed in January 1919 by Anton Drexler. Originally it was named the German Workers Party (DAP). Hitler joined in Autumn of 1919. He quickly rose to become the leader of the party. The party was transformed by Hitler and became a political party rather than the discussion group that it had been when he joined. The SA (Brownshirts) was formed to protect Hitler and other party leaders at meetings. It also disrupted the meetings of the Nazi’s political opponents.
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.
Post the era of World War I, of all the countries it was only USA which was in win win situation. Both during and post war times, US economy has seen a boom in their income with massive trade between Europe and Germany. As a result, the 1920’s turned out to be a prosperous decade for Americans and this led to birth of mass investments in stock markets. With increased income after the war, a lot of investors purchased stocks on margins and with US Stock Exchange going manifold from 1921 to 1929, investors earned hefty returns during this time epriod which created a stock market bubble in USA. However, in order to stop increasing prices of Stock, the Federal Reserve raised the interest rate sof loanabel funds which depressed the interest sensitive spending in many industries and as a result a record fall in stocks of these companies were seen and ultimately the stock bubble was finally burst. The fall was so dramatic that stock prices were even below the margins which investors had deposited with their brokers. As a reuslt, not only investor but even the brokerage firms went insolvent. Withing 2 days of 15-16 th October, Dow Jones fell by 33% and the event was referred to Great Crash of 1929. Thus with investors going insolvent, a major shock was seen in American aggregate demand. Consumer Purchase of durable goods and business investment fell sharply after the stock market crash. As a result, businesses experienced stock piling of their inventories and real output fell rapidly in 1929 and throughout 1930 in United States.
another factor possibly could be the economic collapse of germany during the great depression and the lack of support the Weimar republic showed. It was unable to deal with Germanys problems and this set Hitler in an ideal position to rise to power. The nazi party became more and more popular and by 1932 they had 230 seats in the Reichstag. Hitler's opportunity to do a political deal came about during the great depression when there was a collapse of trade and the death of stresseman. The people of germany were desperate due to the increasing rate of unemployment and the increasing political instability: they were desperate and needed a strong government.
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
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.
Another key factor that played a role in Hitlers rise to power was after World War one as the treaty of Versailles took away Germanys colonies and forced them to pay 33billion dollars, to Britain and France. This debt in return completely bankrupted Germany and economically enslaved the people of Germany. Unemployment and inflation at the time was out of control. Ther German currency lost so much value that people were struggling to buy a simple loaf of bread. The reason the great depression helped Hitler was because he promised the people of Germany that he would rebuild Germany to its former self. He promised jobs which mainly came through the army, this in affect helped Hitler realise one of his other promises which was to take Revenge on those who left Germany crippled after the war. This made him and the Nazis wildly popular in Germany during the 1930s. In just a few short years,...
Hitler’s rise to power was the result of many factors, but Hitler’s ability to take advantage of Germany’s poor leadership and economical and political conditions was the most significant factor. His ability to manipulate the media and the German public whilst taking advantage of Germany’s poor leadership resulted in both the collapse of the Weimar Republic and the rise of Hitler and the nazi party. During the early 1920s, Germany was struggling with economic instability and political uncertainty. Germany, after being defeated in the Great War, was forced to sign the unforgiving treaty of Versailles, which the Weimar Republic was held responsible for. This brought forward feelings of fear, anger and insecurity towards the Weimar Republic. Hitler built on these feelings and offered the secure and promising alternative of the extremist nazi party. Although there were many factors that contributed to the rise of Hitler and the collapse of the Weimar republic, Hitler’s ability to build upon people’s frustrated view of the hatred of the treaty of Versailles and the circumstances it placed upon the German nation, was the fundamental reason for Hitler’s rise to power and the Weimar Republic to collapse