Germany & The Depression OPI Flashcards
1
Q
Caused Political Extremism
A
- Polarisation
- Presidential Election - Hindenburg / Hitler / Thalmann
- KPD & Nazis 51% in 1932
- Potempa Affair
- Increase in A.48
2
Q
Rise of Nazis
A
- Sept 1930 Reichstag Seats from 2% to 18%
- Hitler Presidential Campaign 37%
- Anti-Versailles policy popular
- Bank Crisis increased nazi popularity
- Nazis backed by industrialists
3
Q
Caused Economic Devastation
A
- Government cuts public spending
- Unemployment - 29% in 1929
- National Income was only 61% of 1929 Level
- Industrial production had fallen in 1932 was 58% of 1929 level
- War Pensions cut by 1/3
- Gov Protectionism
- Bank crisis of 1931
- 18,000 farmers bankrupt
- Prices fixed on consumer goods - bad for producers
- Homelessness - Shanty towns