How far was the economic slump in Germany responsible for the remarkable rise in support for the Nazi party in the years 1928-32? Germany’s economic slump was a major factor in the Nazi’s good fortunes; however it was by no means the only factor which contributed to their rise in support. Linked with the poor economic climate, the political situation was in a dire condition, with no party apparently able to find a solution to Germany’ problems. A societal shift away from support for democracy also enhanced the NSDAP’s support as they seemed to offer a new hope to the public. The elite undermined Weimar as a result of their traditional values and hatred of democracy.
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.
In document 2 is a passage saying when the Wall Street’s stock market crashed, people try to get their money from the stocks but the bank ran out of money and shut down after that and people had lost a lot of their money and life saving’s. This shows the problems caused by the great depression had effected a lot of people in the U.S In the great depression people had try and solve the problems caused by the great
Consumer was the backbone of the economic growth. To increase consumer spending, consumer credit was increased, installment payment plans were offered to families to spend. This increased spending with credit and reckless spending made such a superficial prosperity that crashed the 1929 stock market. The development of the unions went in the reverse that many expected, and many businesses wanted the open shop welfare capitalism. The United States recovered fro the worst depression in history.
Jimmy Roach Mr. Salisbury World History 4 October 2013 Great Depression Research Paper The Great Depression is by far the worst economic outfall that the world or the USA has ever experienced. Many say that the Great Depression was not the governments fault and that they did not play a major role in the events that led up to it. However it has been made very obvious over the years that the government played a huge role in the events leading up to the Great Depression and their poor decisions cause the terrible disaster that is the Great Depression. The Federal Reserve first contributed to the great depression by fueling the speculative bubble that led to the stock market crash of 1929. From 1921 to 1929 we see a 61 percent increase
Aversion of a Downfall The Great Depression was a very hard time for millions and millions of people. There were several events that contributed to the Depression, however the question is, was the U.S. able to prevent the entire situation from happening if they were able to take precautions before and while the depression happened, along with other countries that greatly relied on the United States being more independent that the entire time could have either been prevented completely or less severe. October 29th, 1929 as some refer to as Black Tuesday(2). This day was to end most luxurious life that some Americans were living after World War I. This was the day the stock market crashed and a hard time known as the Great Depression was about to kick in.
ECONOMIC POLICIES IN THE BOOK “THE FORGOTTEN MAN” The Economic Policies in the book “The Forgotten Man” Name school Professor course Next to the politically-motivated Civil War, a historical account which has changed the landscape of another significant system in the United States is the Great Depression. In particular, the American economic structure was negatively transformed as manifested by the collapse of the stock market when the country became part of World War II in the early 1900s. Additionally, the nation was faced with a disastrous economic struggle and the unemployment rate escalated. History and the Americans then attributed such harmful situation to the two leaders of the country. Initially, President Herbert Hoover was attacked for being ill-advised and his apparent unsuccessful governance.
The Great Depression was the worst economic downfall in the history of the world, the effects being felt all over. The Depression ensued due to the bank failures, stock market crash of 1929, American foreign economic policy, and the Dust Bowl. Both President Herbert Hoover (1929-1933) and President Franklin Roosevelt (1933-1945) tries to combat this economic downfall. President Hoover used the trickle-down effect of cutting taxes for the upper class, whereas FDR created government jobs and organizations to support the unemployment and get them back on their feet. FDR’s tactics were more successful because he put America back to work and therefore allowed money to begin circulating once again.
Abigail Sylvester American History 2/4/2013 The Great Depression occurred during the late 1920s and throughout the 1930s. When the stock market crashed on Black Tuesday-October 24, 1929- unemployment rate went up, businesses went out of business, and banks went bankrupt because of bank runs. Many citizens expected President Hoover held the office from 1928-1932 to fix the problem, but instead of help little progress was made to get the U.S economy out of this depressing time. Because of Hoover’s unwillingness to help the country he lost the election against Franklin D. Roosevelt in the 1932 election. When elected to office Roosevelt’s promise to better the economy.
October 29, 1929, also known as Black Tuesday, marked the start of the Great Depression. Banks failed, many were out of work, and people lost everything. It went on like this until Franklin D. Roosevelt was elected President in 1933, passed a number of bills, and created the New Deal. It not only created jobs for the unemployed, but developed resources and pension for the retired. Roosevelt attempted to solve the problems of the Great Depression with new government relief, security, and farm programs.