The Nazi Party And The Berlin Wall Essay

1186 Words Sep 2nd, 2015 5 Pages
The Germans have had a checkered past to include the actions of the Nazi Party and the Berlin Wall. Even with the horrible nature of these past acts, the German people celebrate living with surprising exuberance. In fact, a recent poll found “Most now regard Allied victory as liberation from the Nazis, and only 9% as a defeat for Germany “(timesofisrael.com). Just prior to WWII, when the stock market collapsed on Wall Street on Tuesday, October 29, 1929, it affected financial markets worldwide. The German economy was especially vulnerable since it was built with foreign capital. More specifically, it had been built largely on loans from North America. Germany, at that time was very dependent on foreign trade. When the stock market on Wall Street crashed and the loans from North America were called to be paid back the German Industrial machine nosedived and came to a screeching halt. Overnight, the middle class standard of living was ruined by events outside of Germany. Great Depression had begun. The politician, Adolf Hitler, took advantage of this opportunity. By mid-1930, in the midst of economic pressures of the Great Depression, the German democratic government was beginning to unravel and Adolf Hitler began a carefully staged campaign. On May 29, 1932, When Adolf Hitler was asked by President Hindenburg if he would support Papen as chancellor, he said yes.” On August 5th, Hitler presented his list of demands to Schleicher – the chancellorship; passage of an…

Related Documents