How Did The Nazi Economy Affect The Weimar Republic

Improved Essays
Name
Professor
Course
Date
The Nazi holocaust
The German economy encountered setbacks because of the requirement of reparations payments under the Treaty of Versailles. The Nazi Party campaigned on the promise to reject the treaty of Versailles, anti-Semitism and the removal of the Weimar republic. They promised to strengthen the central government and increase living space for Germanic people. The Nazi party took advantage of the effects of the collapse of the stock market to promise provision of jobs and strengthening the economy. The collapse of the stock market caused massive unemployment in the country and the Nazi used this to promise provision of jobs. The party used propaganda and promises to gain the support of the people (Bessel 178).
World War 1 caused social and political chaos in Germany. Repayment of war debts caused hyperinflation which inflated the
…show more content…
The party promised to bring back Germany to its initial prosperity, create more jobs for the people and do away with the Treaty of Versailles. Furthermore, the worsening economic conditions as a result of the invasion of Ruhr by the French and Belgians in 1923, negatively affected the Weimar Republic. This invasion led to hyperinflation and eventually economic depression after the US withdrew its loans following the crash of Wall Street. This is what appealed to the voters (Ferguson and Hans-Joachim 128).

Work cited
Bessel, Richard. "The Nazi Capture of Power." Journal of Contemporary History 39.2 (2004): 169-188.
Ferguson, Thomas, and Hans-Joachim Voth. "Betting on Hitler: the value of political connections in Nazi Germany." The Quarterly Journal of Economics (2008): 101-137.
O'Loughlin, John, Colin Flint, and Luc Anselin. "The geography of the Nazi vote: Context, confession, and class in the Reichstag election of 1930." Annals of the Association of American Geographers 84.3 (1994):

Related Documents

  • Improved Essays

    The Germans were banned from building their military. They were also required to make repair payments to the victorious powers. By 1930, a economic depression added to the hardships of the German people. The people were looking for a solution.…

    • 357 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Germany Dbq

    • 1459 Words
    • 6 Pages

    Unemployment was at ten percent around 1928, however the rate increased dramatically to thirty through forty-five percent in just four years(Doc E). Germany was losing control and needed a strong leader that could stabilize an economy. Hitler was offering a solution and plan to help them, and as they were desperate for work and money they thought that Hitler would give them jobs so they could be stable again and be able to support their hungry families. Germany was struggling financially and could not pay the reparations that they were forced to. They could not even sell their land as it was taken away to.…

    • 1459 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Overall, I do agree with the given statement. Despite the fact that Hitler was not elected by the public to be chancellor, his support can be said to have played a major part in influencing President Hindenburg to ask Hitler to be chancellor. At the time Hitler became chancellor, an extremely large amount of people despised the current German government due to being the reason why the Dawes plan was introduced, which ultimately led to depression in Germany. (The US recalled the loans after the wall street crash, and Germany was unable to deal with this loss of money, and so fell into depression with many businesses failing). Due to being against the current government, many people began to support the Nazi's for the hope of change.…

    • 633 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The memoir Defying Hitler by Sebastian Heffner illustrates a personal view of what it was like to go through the time of the rise of Nazism. Not only does it represent the struggles of the German and Jewish population, Haffner lets you experience what happened on a day-today-basis during that time period. The Nazis were able to obtain power because they destroyed the balance between generations, empowered and persuaded the inexperienced young and acted upon the opportunities offered by economic turmoil. Before the Nazis came into power, Germany was in economic turmoil. For instance, due to World War I, the stock market crash of 1929, and the Great Depression, Germany became defenseless as it was built upon foreign capital.…

    • 1209 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    The world was left in disarray after the first World War, and much of the international economy depended the growing success of the United States as the remaining world superpower. As a result, the crash affected nations worldwide as Germany was still struggling from the Treaty of Versailles, and ultimately Nazi Regime took hold of the poor situation (Harris 7). If it were not for the Crash that led to the international downfall, Germany would have not been in such a dire state and not allow fascist ideals to sneak into their central government. Germany desired for stability and Nazi ideology became their focus in order to reinforce their place in the world once again, but Germany began to violate the laws of the Treaty of Versailles. As the power of Nazi regime grew, so did the economy of Germany and an improving sense of nationalism that eventually evolved into German expansion throughout Europe.…

    • 1362 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    The political implications of General Ludendorff’s stab in the back theory came at a hefty price and ultimately the reason why the Weimar Republic failed. The notion instilled mistrust in the new post-war civilian government. Nationalist criminalized numerous political groups as traitorous, deceitful and lacking patriotism for the German cause. Socialist and other political parties were murdered in Berlin, in 1919, because of the beliefs that failed military leaders proposed. Election campaigns won political support because the “stab-in-the-back “ conspiracy as their rallying calls.…

    • 767 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Today when analyzing the Holocaust, many people grossly overlook some of the primary factors that generated this tragedy. The most prominent belief that causes this is simply writing off members and off the Nazi party and the citizens of Germany as incarnations of evil. Many believe that a desire to solve the “Jewish Question” through genocide was the primary reason that people joined the Nazi party. This idea fails to consider the climate of desperation and anxiety following the German defeat in World War I that provided the backdrop for the National Socialist’s ascent to power. Motivated by the outrage and insecurity produced by the unjust terms negotiated by the Allies, a significant portion of the German population sided with Hitler’s radical…

    • 832 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    The citizens of Germany agreed and followed Hitler to war truly believing it was the only way to prosper again. The humiliation and frustration caused them to look to new leadership ultimately leading to electing Hitler as a four year dictator but it last much longer. The War guilt clause, reparations, territorial losses, and military restrictions were big reasons for the search for leadership. The war guilt clause and reparations caused a multitude of money lost giving little hope for a prosperous future. Learning from the mistakes from the past we hope that the world makes peace among nations.…

    • 1167 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Another reason was that there were at least 10 elections and 7 chancellors during that time this showed that Germany was unstable and growing more and more unpopular. At this time the Invasion of the Ruhr took place because France wanted their revenge, so many goods were stolen. This led to the main reason of Hyperinflation; from a loaf of bread going from 1 Mark to a loaf of bread costing 20 billion Marks. This caused Germany to suffer and money soon became…

    • 507 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Basically, the Allies demanded the Germans had to pay for all the damage done during World War I.This lead to massive hyperinflation. People were starving, unemployed, and on the streets- desperate for a new leader that would fix this problem. At that time, there was much political instability- people kept changing their political parties, but eventually Hitler rose to power with the Nazis. In 1993, President Hindenburg appointed Hitler as chancellor, hoping that it would be for the better good of Germany and would make the Nazis happier. However, he underestimated the Nazis’ power and his mistake led to disaster for Germany, Europe, and the rest of the…

    • 1306 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Hitler promised to overturn the Treaty of Versailles and this led to his popularity among the German people.…

    • 298 Words
    • 2 Pages
    Improved Essays
  • Superior Essays

    Politically, the hallmark of the Weimar Republic was Stresemann’s foreign policies yet the weak coalition governments faced anti-republic and anti-democratic sentiments of extremist parties. Germany’s economy lacked structural integrity through its extensive loans from America as economic recovery was simply inadequate in protecting the nation from recession and crisis. Finally, competing interests of all cross-sections of society generated social…

    • 1064 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    The Republic’s main weakness however was the fact that barely anyone supported them; even President Hindenburg didn’t abide by the democratic rules. Their failure to help Germany through the economic crisis is what finally turned Germans against them and toward the Nazi…

    • 1005 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    Lasting effect of Hitler and Nazi’s on Germany Hitler and his Nazi soldiers terrified the citizens that of Berlin, Germany, and the towns around it. They wanted to rid the world of the Jewish people. It was a scary time to be a Jew, or to be alive in Germany. I have done plenty of research in the library, on Amazon Books and YouTube; and using internet sources to learn plenty of information about this subject.…

    • 1247 Words
    • 5 Pages
    Superior Essays
  • Great Essays

    This research will focus on the economic situation in Germany before and after the Stock Market Crash of 1929, and I will compare these situations with each other before I can state if the Stock Market Crash of 1929 had an impact on Germany. After this I will focus on studies that explain voting behaviors of populations, and I will examine what could have driven the German population into voting for the extremely-right Nazi party of Adolf Hitler. The main question is divided into the following sub-questions. - What was the economic situation in Germany before the Stock Market Crash of 1929? - What was the cause the Stock Market Crash of…

    • 1789 Words
    • 8 Pages
    Great Essays