Nazi Government's Response To The Great Depression In Germany

The Great Depression in Germany was a very significant event and effected all of Germany but mostly for the working class, it was a very significant event during the recovery period in Germany, because the crash in the stock made it harder for people to get jobs, by food and even live in their homes. For the government, it was a very catastrophic event during the earlier portions of the depression because of the loans that were pulled out of Germany’s hands and the money they owe to America they can’t pay back. the Government didn’t respond properly to the epidemic fittingly. The government parties were effected and that includes the Nazi party and Adolf Hitler

The great depression affected lots of working Germans it forced the working class

The German economy was especially vulnerable since it was built upon foreign capital, mostly loans from America and was very dependent on foreign trade. When those loans suddenly recalled and when the world market for German exports stopped, the well-oiled German industrial machine quickly halted. The usual response to any recession is a sharp increase in government spending to stimulate the economy, but Heinrich Brunning, chancellor in the early 1930, seemed to fear inflation and a budget deficit more than unemployment and rather than ramping up spending, He decided to increase taxes to reduce the budget deficit; he then put wage cuts and spending reductions, an attempt to lower prices. His policies were rejected by the Reichstag, but the chancellor was backed by president Hindenburg, who in mid-1930 issued his policies as emergency decrees. His measures failed and probably contributed to increased unemployment and public suffering in 1931-32. They also revamped government instability and bickering in the Reichstag. Schleicher forced von Papen's resignation. Papen was irritated with Schleicher and, kept it up by the decline of the Nazi party, He hit on the idea of heading a coalition that included the Nazi party, believing that he and other respectable conservatives in his cabinet could control the humbled Nazi party. Schleicher formed an emergency government and tried to put together a coalition of many political parties, including some Nazi’s that he hoped to split away from Hitler. Schleicher hoped to win the support of both moderate socialists and conservatives, but the reforms that he hoped would appeal to the moderate socialists were not liked by the conservatives, and Schleicher's coalition