1.6 Growth in Support Flashcards

1
Q

What was the Wall Street crash and what did it lead to?

A

The Wall Street crash refers to when the US economy crashed and companies lost billions of dollars in value overnight. Many banks and businesses were ruined.

The US had to stop sending money to Germany, and demanded for immediate repayment of all loans (the high interest loans that Stresemann had organised to be lent through the Dawes Plan and the Young Plan) -> this caused The Great Depression.

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2
Q

Effect of the Great Depression: businesses

A
  • Had to pay back loans
  • Received no more investment from the US
  • Had to pay increased taxes to the government
  • No one had enough money to buy anything so lack of business
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3
Q

Effect of the Great Depression: Government

A
  • Couldn’t borrow money from the US
  • Refused to print more money
  • Increased taxes
  • Made cuts in unemployment benefit
  • Government workers had wages cut an some lost their jobs
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4
Q

Effect of the Great Depression: People

A
  • Businesses reduced staff or closed
  • Millions of workers and farm labourers lost their jobs
  • Young people were badly affected as the job market declined
  • With no work, and benefits slashed, families suffered terrible poverty
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5
Q

How the Depression benefited Hitler brief overview?

A
  1. Economic Problems
  2. Unemployment
  3. People blamed the weak Weimar government
  4. Increased membership of extremist parties
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6
Q

Although support for the communists grew as well, the Nazis had more overall support because most of the supporters of the communists were…

A

working classes from cities, who wanted a party that could protect their jobs and wages.

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7
Q
A
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