The war damaged the economy, and had gone into hyperinflation, which wiped out citizens savings quickly. The long term hatred and deep anger about World War I and the Treaty of Versailles created an underlying bitterness, which made him get more supporters. Another main factor was his influential way of speaking. One way Germany got popular with the crowd was because of Hitler’s speaking ability and most importantly,
Germany, therefore was largely financed by the US. This meant that if something happened to the US economy it also affected the German economy. A business crisis occurred on the New York Stock Exchange which was known as the Wall Street Crash. “Over the course of one week, $30 billion was wiped off the value of shares” (Tonge, 2009 p.54). Economies all over the world crashed.
Germany after World War 1 would never be the same. Germany lost World War and resulted in their country beginning to fall apart mostly impacting the economy. Germany was angry and embarrassed having lost the war but what impacted them the most was the terms of the Treaty of Versailles that destroyed Germany’s economy. The Treaty of Versailles imposed reparations from the war leaving Germany with huge debts. “The situation was made worse by economic problems created by crippling war debts,the burden of having to pay reparations, and high unemployment.” The Treaty of Versailles said that Germany must pay reparations to the other countries which left them in debt because Germany no longer had any money and it eventually led them into hyperinflation
The people were in debt and and just dug themselves a deeper hole “,combined with production of more and more goods and rising personal debt,”(The Great Depressions) and had no way of making money to pay it all back without jobs. This all goes back to the roaring twenties when eh people bought and bought and dint think of the consequences. The biggest problem for the American was the stock market crash “the stock market crashed, triggering the Great Depression, the worst economic collapse in the history of the modern industrial world.”(The Great Depression) leading them into social mayhem. The people although causing this distress themselves sought out other things to blame while being completely helpless in their
The Great Depression was triggered by a collapse in U.S share prices in 1929, after a decade-long economic prosperity. Even though this event’s main cause was in the U.S, the effects were felt all over the world. In Germany, the depression caused a great number of businesses to close, mass unemployment and caused public dissatisfaction towards the Weimar Republic, which then led to a dramatic increase in popularity for the extreme left and right wing parties. However, even though the Great Depression was a significant event on German history, this event is still one of many. The War guilt clause, article 231 states that Germany had to pay a sum of ￡6.6 billion as war reparations, Weimar Germany was allowed to pay in the form of raw materials as opposed to actual money.
The U.S. American history is characterized by several events that had consequence around the world. One of them is the market crash of the 1929. In the October 29th, the Wall Street had a huge collapse and important reverberations in the entire American market. During the prosperous 20s the richness was unequally spread among people with the effect that Americans were producing more of that they could have consumed. Then the “easy-money policies” caused a growth of credits and speculations in the market.
Furthermore, he hated how the colonists were treated. He wrote another essay “Future of Ruined Germany” that I want to put a full focus in this essay. The “Future of a Ruined Germany” is based on Germany after the Second World War. On the first paragraph I mentioned that power makes both positive and negative outcomes. What does this essay tells us about power?
The Nazi used the Great Depression as the boost to gain support from the Germans. Due to America’s depression, Germany was put into a dire state as unemployment increased, thus resulted in the Nazi gaining votes during the 1933 election. The depression caused desperation within the people that made them feel that the Weimar Republic could not look after them or the country’s financial problems. Hitler made promises to get rid of the unemployment rate, thus gaining the support of the public. Although the Great Depression was a key factor to Hitler’s rise to power but there were other causes: the German’s were looking for a saviour and Hitler happened to be that person; Hitler also played on the German’s fear factor of Communism and Communist which led him to get votes from the middle to higher class citizens by the burning of the Reichstag.
Franklin Delano Roosevelt, Eleanor’s husband, was inaugurated into office in 1933, in the midst of the Great Depression. By the time FDR was even inaugurated president, banking systems had collapsed, and 25% of workers were unemployed, and prices and productivity had fallen rapidly (Franklin D Roosevelt Library & Museum). FDR was elected president amidst the worst economic downturn in the history of the industrialized world. In Roosevelt 's first speech as president, he stated, "This great nation will endure as it has endured, will revive and prosper…The only thing we have to fear is fear itself.”(History.com Staff, “Franklin D. Roosevelt”). Roosevelt’s New Deal programs were based on various, not always consistent, theories on the causes of the Great Depression (Franklin D Roosevelt Library & Museum).
When he would say sentences such as “The delusion that some are the conquerors and others the conquered destroys the trust between nations and thereby also destroys the world economy. But the misery of our people is terrible!” made it sound like he really cared about the people by saying how terrible it is that the people of Germany were in a depression and how they should trust him because other countries destroyed the trust thus destroying the economy. “Germany must not and will not sink into Communist anarchy.” Lastly when he said that it made him sound a lot more trustworthy and like he knew what he was doing more than what he did. Hitler was a really good speaker for how he acted like he wanted to better everyone’s life. With his use of hand gestures, how he would start with his voice being low than get really loud to make him seem so much more emotional and how he would word things to make him seem like a more caring person than people thought.