Germans felt like they had suffered as much as everyone else during WWI and could not accept that they were being blamed for the war. The Treaty of Versailles was also responsible for the destabilization of the German economy. “The burdensome reparations, coupled with a general inflationary period in Europe in the 1920s, caused spiraling hyperinflation of the German Reichsmark by 1923”. Combined with the effects of the Great Depression, this period of hyperinflation undermined the stability of the German economy and caused massive unemployment. So, when political parties made promises to restore German territory and power after such a
When answering how the Nazi party came to rule in Germany, one must look at foreign policy in respect to the Versailles Treaty during the Second Reich. Economically, due to the settlement at Versailles, Germany would be hit by massive inflation as well as a crippling depression under the Weimar Republic. This made many people distrust the newly created Weimar Republic. Socially, Germans generally blamed the government, as well as the Treaty of Versailles for the hard times that they suffered after the First World War. This social environment gave rise to the Nazi movement and many other parties that opposes the treaty and the Weimar Republic alike.
The failure of the economy, extreme nationalism and the fragile government of Germany in the 1920’s and 30’s could also be seen as the reason for Hitler’s success(Wepman 98). The end of W.W.I left Germany in economic debt, suffering to survive. The Treaty of Versailles blamed Germany for the war and required them to pay for all the reparations. With many unemployed and homeless, the country was in economic ruins(Heck 120). To try and end their suffering, the German government printed more money, which in turn caused inflation and more problems.
For the Weimar Government, this caused great problems. It caused inflation, and the bankruptcy of many businesses who had borrowed money from the banks and Americans. Consequently, businesses laid off workers, resulting in huge unemployment which made the Weimar government extremely unpopular, made worse by Chancellor Brüning cutting welfare benefits in 1930 to counter the depression. This made the situation catastrophic for the unemployed, who would do anything to get back to work. These problems may have been solvable, but the German industry had also suffered greatly as there were less people working to produce.
The Depression weakens the Weimar Republic because there are three main reasons. The unpopular economic policies, presidential rule and the rise of extremist made the people loose its trust towards the Weimar Republic. Germans had judged their country’s success by its economy and if the
The Treaty of Versailles associated the government with Germany's acceptance of this national humiliation. The soldiers returning back from the front line were bitter at the republic and many joined right wing paramilitary groups, such as the Freikorps. The war left Germany with few allies with which to trade. This caused a growth in national debt, which the Treaty of Versailles worsened. To counter this the new government printed off more money causing hyperinflation, which upset people on fixed incomes.
The German economy was already in ruin. Many of its people already had very limited food. The reparations payments would cripple them. (Benz 17) In order to solve the money problem the government started printing more banknotes. Due ... ... middle of paper ... ...Versailles which lowered the rights of Germany were to blame as well.
Weimar had also inherited the ruins of a conquered autocracy, a ruined economy and two ruthlessly anti-democratic political extremes The Weimar Republic did not start on a good footing, since the first president was not democratically elected; instead Friedrich Ebert took the first oath of constitution on Prince Max’s command. Some believe that the structure of Weimar was the main reason for its failure. There were many flaws in the constitution, which prohibited it from becoming a western style of democracy. The first thing to look at is how the constitution was established. After World War One, the German people were divided, those to the left believed that they had been lied to and deceived into fighting a war for the upper class.
Why did the Weimar Republic Fail? The failure of the Weimar Republic has been explored by scores of historians and the reasons as to why it crashed are complex and multifaceted. The state of Germany after the war was an intricate web of factors both internal and external, which thus contributed to the ultimate failure of the democracy. It is virtually impossible to solely blame just one of these factors some of which include; the treaty of Versailles and the burdens associated with it, the Weimar constitution, the minority government, authoritarian political values, the impact of the great depression and the rising support for Hitler and the Nazi Party. It seems as though Hitler and the Nazi Party were the main crisis behind the demise of the Weimar state but there were many conditions and events, which contributed to allow Hitler’s party to emerge into German politics and gain control.
The international economy broke up into trading blocks determined by political allegiances and currencies.” Britain’s economy suffered with the loss of the over seas market and the country’s choice to not to devalue the pound. When face with falling exports earnings governments began overreacting and began severely reducing trade. Nearly all countries needed to protect their domestic production and began imposing tariffs. By doing this it greatly reduced the amount of international trade and furthered them into debt. The high tariffs hindered the payments of war debts, which were only paid off by loans from the United States and Britain for war reparations.