Economics During the Years of Hitler

Economics During the Years of Hitler

Adolf Hitler became leader of the Nazi Party in 1921; throughout the

passing years he made various attempts to overthrow the Government. He

became Chancellor in 1933 and his main aims included tackling

depression and restoring full employment in Germany. Another key

ambition Hitler had was to prepare Germany for a next possible war.

Hitler took position as Chancellor in Germany in 1933, just after the

Great Depression between 1929, when the Wall Street Crash hit

America’s stock market, until 1932. Therefore he took over at a time

when Germany looked economically weak, bitter and still blaming

America and Europe for their financial problems. The reparations

system had faltered due to the Wall Street Crash and America could no

longer provide the loans. Hitler knew he was under a lot of pressure

to make successful changes within Germany, although he also knew

German people were in a vulnerable position and in search of an answer

to their problems; to gain support Hitler had to tell them what they

wanted to hear.

From they changes to the economy Hitler decided to make there were

several segments of German people that benefited or lost out. In some

cases different areas would benefit as well as lose out from Hitler’s

seize of power on the economical front. Hitler was keen to encourage

the existence and continuity of the pure Aryan race. As a result the

Jewish side of Germany were eliminated as Hitler tried to push them

out of the public sector. Not only did he push them out of their

current jobs he didn’t register them on the unemployment list either.

This action disadvantaged the Jews, but for ...

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...liminate the need to use scarce foreign currency and to

strengthen their economical influence with the Balkan states.

To conclude, during the years of Hitler’s rule and his actions taken

to combat economical issues, it can be said people were affected in

different ways. Some groups of people were negatively targeted, such

as the Jews, while others both benefited and lost out in different

ways. For example, agricultural workers gained from the unemployment

levels falling however were neglected due to rearmament priorities.

When Hitler came to power one of his most significant aims was to

rearm Germany and overcome the restrictions and aftermath the Treaty

Of Versailles had placed upon them. He also made clear his adversity

towards his opposition and the Jewish by using them to overcome

obstacles in reach of his goals.