The Origins Of The Great Depression In Britain And Germany

For the purpose of this essay it is necessary to compare the similarities and the differences between the two choose European states. The states that will be discussed are Britain and Germany. It is also essential to look at the causes and the root of the Great Depression. It is important to know the state of the countries before the Great Depression in order to learn why they seemed to experience such a detrimental effect. Finally, this essay will look at the lasting effects of the Great Depression on the two chosen states. The origin of this economic crisis is linked with World War I, and the economics and political problems that followed. It can be seen that the Great Depression affected each country in a severe but similar way. It is evidence …show more content…
Of course the effects of the Great Depression were not totally invisible as other places in Britain were very badly affected. Unemployment for these areas reached staggering 22 percent. Thankfully Britain managed to escape without experience the social and political upheaval of some countries. No extremist’s party’s got through the crack in the British society. The increase of money that fell into Britain increased private sectors who wanted to invested, they could do so without any queries and fears. In 1930s Britain give way to huge change in the move to a more urban life rate then rural with the building of new …show more content…
Before the great depression the governments took very little action in the economic sphere. But now after the great depression they take great action in the form of taxation, social welfare services, insurance, industrial regulation and public works. Although the great depression proved to be a horrific time all over the world, it provided a great lesson to be learned and hopefully not to be repeated, or at least to be dealt with more appropriately. Throughout this essay it is evident to see the many similarities and difference that took place between Germany and Britain. It can be seen that the Great Depression affected each country in a severe but similar way. Moreover, the fact that each country was in a different economic and social status before the Great Depression it is interesting to see how the Great Depression could affect each one in very similar ways. It is also fascinating to see after the Great Depression how the countries emerged differently and equally how they arose from the Depression with a completely diverse view on how their country should be run and what system seems to work the