Known also as Black Tuesday, October 29th left stockholders shattered with recorded losses reaching $40 billion dollars (Kelly, n.d.). Many banks and financial institutions began collapsing which led to irretrievable, uninsured deposits and savings. Fearing further loss, people began spending less which led to a decrease in production and an increase in unemployment. As companies began to fail, the government devised the Smoot-Hawley Tariff in order to protect American businesses. The Tariff placed high taxes on imports leading to a decline in international trade.
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.).
Hitler captured people in his speeches with his promises of a better Germany, but he also taught his hatred of Jews in the process. “It was Hitler’s belief that the Jews had too much money, land and the power of the press.” (library.thinkquest.org) Hitler caused mass hysteria against Jews by creating this frame of mind that they were the cause of all things bad just like Abigail and her posse did to Salem. Unfortunately, the people who are completely innocent in these cases get punished the most. In both the Salem witch trials and the Holocaust many people were killed who were not
In total, Germany lost over one million square miles of land and 12.5% of its inhabitants suddenly found themselves out of Germany's new borders. There were many economic impacts as well that also affected the rest off the world. Germany was blamed for World War One and, as a result, were held accountable for the cost of the war. The Treaty dictated that the substantial amount of money, called reperations, was to be paid to the Allies. The total agreed by the Allies in 1921 came up to £6,600 billion.
The Holocaust genocide was the mass extermination of the Jewish population in Germany and other countries with German influences. The Darfur genocide that started in 2003 and ended when a peace agreement was signed in 2011 was when groups in Darfur accused the Sudanese government of oppressing non-Arab Sudanese people. These two cases are somewhat similar and different at the same time. The Holocaust was the mass murder of over six million Jewish people in German territories. The Holocaust started with Kristallnacht, which is “the Night of Broken Glass.” This occurred on November 7th, 1938.
In this essay, I will be including and explaining the real facts and figures of what happened in the Holocaust. The Holocaust was a time of devastation and corruption. It was a time of cruelty and it was terribly inhumane. The Holocaust and its supporters tried vainly to make the world perfect, but only succeeded in killing millions. The Nazi’s and Adolph Hitler spoke against Jews even before the start of World War II, they blamed them for
Unequal distribution of wealth in 1920, high tariffs and war debts, overproduction in industry and agriculture, and the stock market crash are just a few of the reasons that will be discussed in the following paragraphs. International trade with Europe and Germany is also said to have caused the depression many of our parents and/or grandparents faced as children. The Great Depression is held responsible for a dramatic change in the structure of American politics, as well. The stock market crash is
Felicia ortiz Period 3 May 5, 2012 Felishaortiz61@yahoo.com The Holocaust was the systematic, bureaucratic, state sponsored persecution and murder of approximetely six million jews by the nazi regime and its collaborators. Holocaust is a word of Greek origin meaning sacrifice by fire. The nazis, who came to power in germany in January 1933 belived that germans were racially superior and that the jews , deemed inferior were an alien threat to the so called german racial community. During the era of the holocaust , german authorities also targeted other groups because of their perceived racial inferiority. 1933 the jewish population of Europe stood at over nine million.
The 1929 Great Depression in the States had a global impact, and most prominently on Germany. Such were the conditions that enabled Hitler to rise to power - Germany was struggling so much there was no real leader at that time, and there was a struggle for that role. In the times of the Great Depression, the Nazi
The country was faced with huge losses in manpower and economic destruction after the war, despite being one of the victors. The country was mourning the loss of an entire young male generation. With the onset of the Great Depression, the French people felt the democratic system had failed them and so they looked to extremist organisations to lead them. As the international situation was worsening, it became clear that the instability in France from 1920 to 1940 meant the nation was divided, depressed and in danger of being captured by the Germans in 1940. Immediately after the First World War, there was a period of political instability with the election of four different Prime Ministers in three years.