Was the great depression the main reason why the Nazi party grew between 1929-32? The great depression was a time of chaos for Germany, many people turned to the Nazi party for an answer. In my opinion, I think that the great depression was one of the reasons why the Nazi party grew between the years of 1929-1932 but we also have to account for other factors. The Nazi Party’s membership grew from 25,000 in 1925 to about 180,000 in 1929. However, it was the effects of the Great Depression in Germany that brought the Nazi Party to its first real nationwide importance.
The Great Depression was a severe period of poverty and tragedy. It effected many other countries not just America; especially in Europe, where many countries had not fully recovered from the aftermath of World War I. The cost of World War I weakened the ability of the world to respond to a major crisis. America alone had ten billon dollars of debt from the war. In Germany America’s economic failure contributed to the rise of Adolf Hiltler, so the Stock Market Crash had a domino effect on our country and others.
What were the problems facing Germany in late 1918 and 1919? Germany faced numerous problems, every one varying in extremity. The loss of the war was naturally a large problem which created many spin-off issues, such as an unpleasant living environment, a worsening economy and naturally the deflation of the German peoples pride and spirit, due to propaganda they were fed with news that their army was excelling in the war, when in reality the exact opposite was occurring. Germany also was managing many other problems such as economic and socialist problems, unemployment was growing and many were living in poverty, not enough healthcare was being supplied, the country was divided and could not collectively manage a way to move forward, they had fought for 4 years and now needed something else to believe in. Germanys list of problems at this time was only growing.
Necessities of life became a daily struggle. What is a depression? It’s a period during which businesses, employment and stock-market values severely decline. Americans have grown to know the depression we faced as the Great Depression. It is named due to its long duration, as it began in 1929 and didn’t end until mid-1941—the start of WWII.
I do not agree with the statement that the collapse of the banking system was the worst consequence of the depression. Personally I believe the worst repercussion of the depression was the social effect on the ordinary people of that time. The rise of poverty, joblessness, homelessness and violence showed how atrocious living through the depression was. The depression led to a mass of banks closing. From 1930 to 1930 over 10 000 banks failed.
The holocaust happened because of the consequences of Germany’s surrender in WWI, Hitler and the Nazi’s rise to power and the Nazi ideology. Germany’s surrender in WWI left them in very bad shape and contributed to German anti-Semitism. When the Treaty of Versailles was forced on Germany in 1919, Germany was made to pay war reparations of a total of 132 billion Marks, similar to $442 billion today (Pommereau, 2010). This decimated the German economy, left approximately 6 million people unemployed and caused a hyperinflation in the German currency. As Germany lost massive amounts of money, its national currency quickly lost value; in 1923 an US Dollar was worth as much as a trillion marks (Chuck, n.d.).
The bull market was when prices were rising due to automobiles; steel was selling at a record high but was going down very fast. If the bull market ended when they weren’t prepared for it, then it would of left many of those investors in debt. Because other investors, which were just mostly your day-to-day average person, saw the wealthy investors selling, they decided to do the same which caused a big fall in the stocks. No matter how hard President Herbert Hoover tried to say the economy was fine, everybody continued to sell. Then finally on October 29,1929th the stock market crashed, because no one was buying and this directly led to the Great Depression.
Although Germany was an educated and economically developed country, their leader---Hitler hated Jews a lot. Hitler tried many ways to make Jews look bad and then he could have abundant excuses to kill them. He was a good leader, he leaded the Germany become strong again, but he was also breaking out a gloomy Holocaust in Germany. The Holocaust was the shame of the Germany; the Nazis killed millions of harmless Jews. Just because Jews are richer and smarter than Germans, Hitler was jealous; just because Hitler wanted a higher race in Germany; just because they lost the World War I, they didn’t want to admit their losing.
Analyse the methods used and the conditions which helped in the rise to power of one ruler of a single-party state. One of the most well-known Single Party States in history is Nazi Germany under Adolf Hitler. There are various themes of single party states in his rise to power in the 1930s. The conditions in Germany then enabled Hitler to take advantage of a crisis, and, using a variety of methods, consolidate his power. Hitler used propaganda, elimination of the opposition, and a cult of personality to gain the support and trust of the German people in a time of economic crisis to his benefit and the rest of the world's loss.
Consequently, many then supported Hitler making him Fuehrer. Inflation impacted everyone in Germany; people were paid by the hour and rushed to pass money to loved ones so that it could be spent before its value meant it was worthless. Pensioners on fixed incomes suffered as pensions became worthless and the poor became even poorer. Businesses started to close down and unemployment suddenly soared. The economy was collapsing.