History Flashcards
What was the economic situation in Germany in 1929?
Germany faced severe economic challenges, including hyperinflation and high unemployment due to the effects of the Great Depression
The Wall Street Crash in October 1929 triggered a global economic crisis, affecting Germany significantly.
What was the impact of the Wall Street Crash on Germany?
It led to the calling in of foreign loans, causing further economic instability
America had loaned Germany money to help pay reparations from World War I.
What was hyperinflation?
An economic condition where prices increase rapidly while the value of money decreases
This occurred in Germany as a consequence of the reparations imposed by the Treaty of Versailles.
What was the Great Depression?
The worst economic crisis in the history of the industrialized world, lasting from 1929 to 1939
It began after the Wall Street Crash in October 1929.
How did the Great Depression affect unemployment in Germany?
Over 6 million people found themselves unemployed
This contributed to social unrest and political instability.
What was the relationship between the Weimar Government and public sentiment in 1929?
Many Germans believed the Weimar Government was not doing enough to solve the economic crisis, leading to increased anger and bitterness
This sentiment helped the Nazis gain support.
What was the role of wealthy businessmen in Hitler’s rise to power?
They financed Hitler’s campaigns to halt the spread of communism
This financial support was crucial for the Nazi Party.
Fill in the blank: __________ is an economic and social system in which property and resources are collectively owned.
Communism
True or False: The economic crisis in Germany in 1929 had no effect on the Nazi Party’s support.
False
What did the bitterness from poverty and unemployment lead to in Germany?
Increased support for the Nazi Party
Many workers turned to communism, but the Nazis capitalized on the discontent.
