By 1936, the German economy had recovered to the extent that Hitler’s main long term aim of creating an economy which could support sustained rearmament was possible. Throughout the period of 1933-36, this was the recovery period for Germany in order to make a more stable Germany and resolve economic problems and unemployment. Unemployment was a very big concern in Germany. When Hitler went into power in 1933, 5 million people were unemployed. Hitler had introduced many different schemes in order to decrease unemployment such as Battle for Work which was set up to help unemployed people find work.
During the Great Depression, President Roosevelt used several revolutionary tactics to heal the suffering American economy. These tactics, the providing of public service jobs, the movement for social security and the implementation of a "blanket code" for workers rights, had great success and greatly revolutionized the role of the federal government. The providing of public service jobs (the New Deal) was the tactic that served to heal the most daunting problem in American society, unemployment (document J). In 1935 the Roosevelt administration created the WPA to help employ Americans for publicly funded projects such as "city beautification." As seen in Document J this jobs did help to greatly lower the percentage of unemployed between 1935 and 1938.
As the chancellor in 1923 he led Germany out of the hyperinflation crisis and as the foreign minister, he ended Germany's isolation amongst the international community and helped the country to become a magnet for foreign investment. Stresemann was admired by some, reviled by others. In September 1923 when the Germans were unable to pay reperations to France, French and Belgian troops took resources from the Rurh area as payment, which influenced the German workers to refuse to work in Ruhr. The workers strike worsened the fall in production. This encouraged Stresemann to call off the passive resistance and he agreed to repay the reperations and persuaded workers to return to work.
“The ‘Wall Street Crash’ was the most important reason for the increase of support for the Nazis in the years 1928-1932” Do you agree? The Wall Street Crash was important and helped the Nazis gain support in the years 1928 to 1932 because it gave the people of Germany a reason to listen and support them. Thanks to the American banker, Charles Dawes; Germany was able to grow and restart their industries to start making money again which helped Germany in their financial problems. Charles made this happen by coming up with the Dawes plan; this stated that the French occupation of the Ruhr was to end and that Germany could pay off their reparations each year, little by little. They could also start up their industries again.
One of the Acts that helped combat this issue was the National industrial Recovery Act, or NiRA, was passed by Congress on June 16, 1933. This law was designed to promote recovery and reform, encourage collective bargaining for unions, set up maximum work hours, minimum wages, and forbid child labor in industry. It did so, and had very limiting effects on industrialists and their businesses’ which meant they couldn’t raise prices and cut wages as they so pleased in times of economic disarray. This helped to settle down overproduction from an industrial standpoint. The Agricultural Adjustment act reduced agricultural production by paying farmers subsidies not to plant on part of their land and to kill off excess livestock.
Brunning wanted to change things, but laws can’t be passed without the Reichstag. The Reichstag didn’t want to pass it, so he goes to the president and uses article 48. The depression needs to be dealt with by the Reichstag refuse so the Reichstag is dissolved and they hold new elections for a new Reichstag and hope that its more right wing. Bruning had no support from the SPD, this wasn’t good because they were the majority and not having support from them meant that her didn’t really have any support at all.
Franklin D. Roosevelt's New Deal vs. Barack Obama's Economic Stimulus Plan Aiding the economy was what both of these plans were meant for. Franklin Delano Roosevelt’s New Deal aided the American economy to get back on track during the 1930's. Due to the economy suffering severely from the great depression this plan was setup to help boast and get the economy going. Barack Obama's Stimulus Plan was also and aid brought out to save the economy. Due to the country facing the biggest economic crisis since the second world war, Obama and Democratic Party leaders suggested an economic stimulus package to confront the crisis.
Germany now needed more money which resulted in more debts which were piling up from outstanding reparation payments. This shows that the Nazis really didn’t help Germany and its economy as all they wanted was more money to spend on the military, not to help re-build the previous strong Germany. Resulting in way more debts than they had started 1933 with. Although Germany faced many financial problems during the 1930’s, the Nazis did not make it much more worse than it already was. Without the Nazis, deals which had been set up between Hungary and Germany would not have existed meaning products being made would not have sold to that extra market, and Germany would not have gained some products too.
This dropped from just below 6 million when Hitler came to power to 250,000 in 1938 and had disappeared by 1939. Public work schemes created jobs – building roads, schools, houses etc. The newly employed enjoyed wages 10 times the income they received when unemployed For those that remembered the depths of the depression with 6 million unemployed, they
American businesses lost vast amounts of money and to repay the debt they asked German banks to repay the money they had borrowed. Peoples vote turned to leaders who blamed reasons for the Depression. The Nazi's The Weimar Republic was not to blame for the huge economics problems Germany were in at the time. Though to stop hyperinflation reoccurring the Chancellors raised taxes, cut wages and reduced unemployment