The Great Depression Of 1929 Essay

1788 Words Apr 8th, 2016 8 Pages
Adolf Hitler once said, “Make the lie big, make it simple, keep saying it, and eventually they will believe it” (Hitler 172). This essential belief became the basis of the Nazi Party’s regime and rise to power. The size of the Nazi Party at its formation was infinitesimal in comparison to the powerhouse it grew into. Its surge to power was not a result of simply violence and hard-power utilization, but rather due to effective strategy and a great deal of luck. The economic and socio-political devastation that stemmed from World War I incited the collapse of German society and the Weimar Republic, allowing Hitler to effectively craft propaganda to promote his policies to a highly receptive German public that ended up bearing the stigma of his extremist actions.
The Great Depression of 1929 was a critical facet in expediting the collapse of German society. Directly following World War I, “The Great Depression was Germany 's most serious economic crisis in the modern age” (Biesinger, “The Great Depression in Germany”). On top of the vast war reparations detailed by the Treaty of Versailles, the collapse of the US stock market in what became known as the Great Depression, put Germany in a horrible position economically. American banks started calling in loans, but the rapidly growing German economy was not equipped for the sudden demand of cash and capital. Many industrial companies and other businesses were “forced into bankruptcy, because they could not meet the loan…

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