3.3 Impact of the Great Depression Flashcards
When & how did Stresemann die?
In 1929 after a stroke
What did Stresemann’s death and the Wall Street Crash allow Hitler to do?
Opportunity to gain more support
When was the Wall Street Crash?
October 1929
How did the Wall Street Crash come about?
Investors lost confidence in New York’s stock exchange and began to sell. This caused a spiral effect.
How did the Wall Street Crash affect Germany?
The US withdrew their loans at short notice which caused the German Economy to crash.
What were the effects on Young People?
more than 50% of those 16-30 were unemployed. If they had a good education it would still have been hard to find work
What were the effects on Factory Workers?
4/10 people couldn’t get a job. Unemployment benefits were reduced which meant that people couldn’t find food to eat.
What were the effects on Farmers?
The price of their goods fell even more which caused them to go into debt. This led to an increase in support for the Nazis.
What were the effects on Businessmen?
They struggled as people had less money to spend on goods.
What were the effects on the Weimar Republic?
The 2 main parties in coalition fell out. Bruining wanted further cuts to welfare benefits but Muller disagreed so he resigned.
Bruining became Chancellor?
What Article did Bruining ask Hindenburg to use?
Article 48 which gave Bruining emergency powers to pass Laws without Reichstag approval.
What unpopular measures did Bruining introduce?
Tax rises
Budget cuts
All of these increased suffering for the German People
What did this make the German People do?
Turn to extremist parties for solutions to their problems
Who did Hitler blame for Germany’s problem
The Jews
How many seats did the Extremist Parties win in the 1930 Election?
The Nazis won 107 Seats
The Communists won 77 Seats
