What Caused The Great Depression In Germany

Improved Essays
Just two decades after the world’s supposedly greatest war, a greater and more devastating one occurred. World War II, the most costly war in the history of mankind, had a lot of causes leading up to it. One such cause was the Treaty of Versailles. The Treaty of Versailles was drafted by the Allied Powers after World War I during the Paris Peace Conference in 1919 to ensure that Germany would never rise to become a major military force again. Its multiple provisions required Germany to pay harsh reparations for the war, both in money and territory. In addition, it placed a limit on Germany’s military size. Thus, Germany spiraled into a financial and political crisis, and its citizens looked desperately for a new leader. They chose Adolf …show more content…
The Treaty heavily impacted post-World War I Germany, as it demanded reparations in money, which led to the hyperinflation that Germany experienced. In addition, the American stock market crash, causing the Great Depression, also contributed to the financial hardships faced by Germany. For example, “much of the prosperity in Germany from 1925 to 1929 had been fueled by loans from U.S. banks” [3]. The German economy relied heavily on the American stock market, which had crashed leading into the Great Depression. Thus, many American banks demanded the return of the loans they had given to German banks. This caused Germany’s economy to hyperinflate, as it desperately tried to repay the loans to American banks. It additionally led to bitterness that would …show more content…
Hitler gained many followers by speaking about the impacts of the Versailles Treaty of Germany. For example, “his highly charged speeches ignited the sense of anger and humiliation that many Germans felt” [5]. As Hitler used the emotional appeal of the crisis that German citizens faced, he immediately got a mass of followers who were longing to make Germany into a superior nation. Consequently, he won the political elections with the NSDAP political party, and later formed the Nazi regime which would become the most authoritative military force in the second world war. Moreover, Hitler, who was one of the most influential speakers of his time, blamed the Jews for the many problems that Germany faced. For instance, he made a rural farmer realize that “the Jew was at fault for all the misery” [9]. By giving the Germans the Jews, a tangible explanation for the crises faced by Germany, Hitler was able to get support and make a disastrous impact on World War II. In addition to sparking a hatred in Jews, Hitler actively tried to regain territory which was lost to the Treaty of Versailles. Henry Channon, a member of British Parliament, wrote, “Hitler has entered Prague, apparently, and Czechoslovakia has ceased to exist” [10]. The sheer brutality with which Hitler expanded Germany’s boundaries showed his lasting

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 also faced the Treaty of Versailles, which is the agreement that was signed with France, Britain and America. This stated that Germany has to pay reparations because of the cause of the war. They also had to cut their army, armaments. Then they lost land, including Alsace-Lorraine to France. This had a huge impact on their economy as well as their beliefs.…

    • 1138 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    World War 2 Dbq Analysis

    • 1521 Words
    • 7 Pages

    Could a simple document signed by three nations be the cause behind a war that brought about seventy-two million deaths, atomic bombings and fire bombings? World War I was a devastating event that arose in 1914, this war began with Austria-Hungary declaring war against Serbia over the assassination of Archduke Franz Ferdinand of Austria-Hungary. Due to national alliances, the central powers which included Austria-Hungary, Germany, and the Ottoman Empire were formed, and the Allies composed of Great Britain, France, and Russia formed on the opposing side. These alliances turned a small battle between two countries into a worldwide catastrophe. During the end of World War II the leaders of France, England, and the United states shaped a formal…

    • 1521 Words
    • 7 Pages
    Improved Essays
  • Great Essays

    Causes Of Ww2

    • 1400 Words
    • 6 Pages

    Secondly, the Treaty of Versailles, as established by the League of Nations, intended to make Germany pay reparations for the war. This did not go as planned, as it led to the rise of Adolf Hitler and the Nazi party. Immediately…

    • 1400 Words
    • 6 Pages
    Great Essays
  • Decent Essays

    He gained power over the war by taking advantage of Germany’s instability. He used his power to develop a hate against all jews, called anti-semitism. Members of the Nazi organization were responsible for the Holocaust because they engaged in many of the actions commanded by Hitler. Ordinary Germans…

    • 136 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    This forced Germany into a very difficult position, Starve their people or go into bankruptcy because of the Allies. This decision Germany was forced into making a extremely harsh when compared with the other finical problems that Germany was experiencing. The payment’s (fines) that Germany had to pay were an equivalent to 5% of the national income. These payments caused Germany to borrow lots of money form America. This may have been a necessity at the time but caused Germany to be in debt for many years slowing down there rebuilding process.…

    • 1177 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    After looking at both sides, I believe that the treaty was responsible for World War II. the treaty highly offended Germany causing them to want revenge, the treaty diminished Germany 's economy, and the treaty affected Germany 's military. All of these points show how the Treaty was responsible for World War II, and how it failed in many different ways. Also, these atrocities made Germany very vulnerable, and lead to the rise in power of Adolf Hitler. On the contrary, although the Treaty failed in many ways, some people believe that it was not responsible for World War II, and that the worldwide depression was the main factor.…

    • 1707 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    After World War II the German economy was crushed and stifled form growth. Germany owed money to both France and England and could not meet the demanded amount. During this time Germany's economy began to rapidly inflate, the cause of which Germans blamed on Allied Powers. The Director of Reichsbank decided that the best solution for the Countries inflating economy was to print more of the countries currency, which only proved to worsen this condition. as prices raised and the marks worth declined society began to unravel.…

    • 412 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    The Great Depression Essay The great depression started in 1929 and ended in 1939. The depression had a lot of effects on people. The people went from the roaring 20’s to a complete drop in the economy, the unemployment rate skyrocketed. The great depression was the longest lasting economic downturn in history.…

    • 581 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Hitler was a strong leader who mirrored the authoritarian figureheads who controlled the romanticized old Germany. Combined with a party that appealed to a diverse number of societal groups, many of whom were key in running society. With the support of the masses and the ability to easily influence them through his compelling orations, it was to be expected that Hitler would rise to power to become the tyrannical dictator he is now infamous for becoming. The rise of Hitler and the Nazi Party was not inevitable.…

    • 1214 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Lasting 12 years, the Holocaust was the mass genocide of Jewish people, Jehovah’s Witnesses, homosexuals, and gypsies. It was estimated that 11 million people died during this time period, 6 million of which were Jews. The name Holocaust comes from the Greek word ‘Holokausten’, which means sacrifice by fire. According to most historians, the Holocaust began on April 1st, 1933, when Germany, under Nazi control, passed the first anti-semitic law, effectively boycotting all Jewish run businesses. Legislation against those of the Jewish faith continued to be passed and was referred to as the Nuremberg Laws.…

    • 835 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    At the end of all the fighting in World War one and the formation of the Treaty of Versailes Germany was placed under the full responsibility for the starting the war. This creation of the Treaty of Versailles had marked the start of hostility amongst the Germans. More specifically the War Guilt clause otherwise known as Articles 231 and 232 of the Versailles treaty where Germany blamed for the war and forced to pay for all the reparations. Such harsh reprimands shattered the German economy and in the short five years after the war, one American dollar was equivalent to 350 000 German marks.…

    • 1547 Words
    • 6 Pages
    Improved Essays
  • Superior Essays

    Hitler promised citizens a better life and a new glorious Germany. Hitler was a brilliant public speaker who could persuade German minds. Although Hitler was the ultimate decision maker and absolute ruler, his Nazi Party ruled with terror, repression, and murder. Nazi leaders made up policies without receiving direct orders from Hitler himself. As a result, Hitler’s government was in chaos and dysfunctional.…

    • 1601 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    German loan fees were high, and capital streamed in. Extensive firms obtained cash and depended intensely on American credits. German banks took out American advances to put resources into German organizations. The German monetary recuperation depended on flimsy…

    • 1140 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    The people turned to Hitler because he said that he would make the treaty end. Germany couldn’t pay all of the countries because they didn’t have enough money, so they asked any countries that they didn’t have to pay to help them out and give them a loan. Germany wanted revenge on the Allies. This treaty was also one of the main causes why World War II started.…

    • 1190 Words
    • 5 Pages
    Improved Essays