germany - chapter 4 Flashcards
when was the wall street crash
october 1929
what caused the depression
- america had grown very rich after ww1, but manufacturing things like cars and fridges and selling them all over the world
- some americans brought shares in companies to make a profit
- some americans borrowed money from banks in order to join this share-buying trend
- in october 1921, the wall street crash occurred
- many americans hadn’t made as much money as expected from shares, so sold them very quickly
- the share prices dropped as more and more people tried to sell their shares
- millions of americans couldn’t sell their shares for as much as they brought them for
- some couldn’t pay the banks back either -> were left ruined as debt collectors took their homes and cars
- soon, many americans couldn’t afford to buy new goods, meaning many firms went out of business and millions lost their jobs
how did the wall street crash affect other countries
- america brought items from germany, italy, britain and japan
- the depression meant that americans couldn’t afford this stuff anymore, so foreign countries had to shut down
how did the wall street crash affect germany
- america used to buy from them, but due to the depression they could no longer afford to
- goods made in german factories, such a cars, electric goods and clothing, were not selling
-> factories had to close down and millions lost their jobs - american banks demanded back all the money they had lent germany after ww1
- german banks tried to get this money back from german businesses, which could not pay, and so went bankrupt
- people were soon living on the streets - jobless, hungry and full of resentment
why did the depression increase support for extremist parties
- millions blamed the weimar government for their problems (unemployment, hunger, etc.)
- people were prepared to listen to extremist parties, like the nazis and communists
-> the leaders of these parties promised radical solutions to all germanys problems
-> promised to make the german peoples lives better
how many votes did the nazi party have in 1928 and how many did they have by July 1932
1928 - 800,000 votes
- 8th most popular party in germany
July 1932 - 4 million votes
- most popular party in germany
what reasons contributed to the nazi party becoming so popular
- the depression
- germans unhappy with weimar gov
- appeal of hitler
- fear of communism
- nazi party structure, methods and tactics
the did the depression contribute to increased support for the nazis
- depression caused businesses to collapse, unemployment to soar and banks to close
- the voters who paid little attention to hitler in the 1920s now started to listen to him
- the nazis continued to repeat their core beliefs: that the treaty of versailles was a crime to germany, that jews should be blamed for the economic problems, and that germany should be reborn as a great and powerful country
-> desperate germans wanted to believe them and so, voted for them
what were the nazis core beliefs
- treaty of versailles was a crime to germany
- Jews should be blamed for the economic problems
- germany should be reborn as a great and powerful nation
what did hitler promise
work and bread (for the millions of unemployed and hungry germans)
why were germans unhappy with the weimar gov (at time of depression)
- couldn’t seem to agree on how to help the unemployed and get germany out of the depression
- they argued constantly and achieved very little
- both chancellor Müller, then chancellor Brüning made little impact
what did chancellor Brüning do (at time of depression)
- at one point, Brüning was passing laws uses the Presidents emergency decrees and making them legal under Article 48
- however, when Brüning tried to pass laws to seize rich people’s land and give it to poor peasants, the new President Hindenburg quickly withdrew his support (Hindenburg himself owned lots of land)
- without this support Brüning resigned
what did the chaos of the Weimar gov cause ordinary germans to do
- for many ordinary germans then, the democratic system of the weimar gov was just not working
- some people, who had always tried hard to support the key principles of democracy, were drawn towards parties with extreme ideas about to tun the party
how did the appeal of hitler increase support for the nazis
- he had a charismatic personality
- he could make people believe he could be trusted to make germany a great nation
- as a powerful and inspiring speaker, he was able to fill his audiences with hope
why were german people so afraid of communism and how did it increase support for the nazis
- in 1917 there had been a communist take over in russia
-> the communist party took over all businesses and farms - there had been attempts by german communists to take over germany in the years after ww1
-> as a result, middle and upper class germans, particularly businessmen and landowners, were frightened of german communists
-> they didn’t want to lose the wealth and position in society they had worked so hard to build - communists didn’t believe in religious institutions, so this worried churchgoers
- from the start, hitler said he would fight communism
-> he sent the SA to fight with communist gangs - he gained support from middle and upper class because he promised to deal with the communist threat