RISE OF HITLER 1929-33 Flashcards
Why did the Wall Street Crash have such an affect on the German economy?
Reliant on foreign loans, particularly, from the US.
Before the crash, what had been rising in Germany?
Unemployment.
By the spring of 1929 it had reached 2.5 million.
What were the knock on effects of the rise in unemployment?
Demand for goods collapsed. Resulting in more people losing their jobs.
By 1932, how much of the German workforce were unemployed?
33%
Why had savings been wiped out?
Due to the inflation of 1923-4, so millions could not even feed themselves.
How did the economic collapse impact government revenue?
Fell dramatically as less revenue was raised from taxes.
How many unemployed had the benefit system been assumed to have to help?
800,000, the number was nearly four times greater in 1930.
How was the economic crisis made worse in July 1931?
Through the collapse of the Austrian bank, Kredit Anstalt.
What happened to reparations during this depression period?
Agreed that there would be a one-year suspension.
What type of parties made up Müller’s grand coalition government of 1928?
Left-wing and moderate parties.
What approaches did different parties want to take toward unemployment in the Grand Coalition?
SPD: did not want to cut benefits.
DVP: wanted cuts and many industrialists wanted the whole welfare system abolished.
Under what circumstances did the Grand Coalition cabinet resign?
When Hindenburg refused to grant Müller emergency powers to approve his budget, creating instability.
Who did Hindenburg appoint as chancellor in March 1930?
Right-wing conservative, Henrich Brüning.
Since Brüning’s centre party did not have a majority in the Reichstag, how did he remain as chancellor?
Through emergency decree granted by Hindenburg through article 48 of the constitution.
Who were the ‘big winners’, in the 1930 election? How much of the vote did they attain?
NSDAP (Nazis).
Increased their seats from 12 to 107.
