• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

How did Germany rise from bankruptcyto superpower between 1929-1939.

Extracts from this document...

Introduction

How did Germany rise from bankruptcy to superpower between 1929-1939. 1929 was a hard time for Germany. Hyper inflation had taken control, the Reich mark was worth nothing, and they were literally bankrupt. The reason for their bankruptcy was due to the economic collapse of America. After world war one Germany had been made to pay large reparations to France for the damage they had caused. Germany had problems paying these large reparations and called in America for help. They decided to loan Germany the money because they saw essential for a strong Europe and they wanted the foreign trade whilst their economy was booming. This all changed November 1929 when the Wall Street crash happened and the American economy was collapsing. They had to stop loaning money to Germany and even called up the money they had given to them. The German government thought by printing more money the problem would be solved. The opposite happened, hyper inflation took place and money became worthless in Germany and unemployment was rising. By 1931 unemployment rose to 6 million which was a quarter of the working population in Germany, it was official that the country was in need of improvement and quickly. ...read more.

Middle

The reasons for their immediate success was that the old Weimar republics were not trusted they failed in both domestic and foreign affairs. And hated grew quickly towards them for signing the treaty of Versailles as many Germans saw it as a harsh punishment. The amount of political parties in Germany at the time meant there was a weak government. The high unemployment meant many people looked to the more right winged parties and the Nazis prevailed. Also many people saw Hitler as an able leader due to his charisma and his powerful speeches in which he made promises for everybody. When Hitler was appointed chancellor he was only allowed to appoint three Nazi members within his cabinet. He gave positions to Wilhelm Frik as minister of the interior and Herman Goring as minister without portfolio. This coalition government meant Hitler did not have enough power to pass any law he wanted. But it still did have its strengths; because of the scare of a communist coup the conservatives supported Hitler closely and with Goring being in control of the police fore of Prussia and he could hassle opposition parties. Goebbles also used exploited propaganda on behalf of the Nazi party such as articles in newspapers. ...read more.

Conclusion

To achieve these, Germany needed to put forth an aggressive expansionist policy in order to reduce reliance on raw materials. On October 18 1936 Hermann Goering was put in charge of the Four Year Plan. During the following years, Germany began building refineries, aluminum plants, and factories for the development of synthetic-materials. This was firmly basing the German economy in Central Europe and securing its raw materials through barter agreements. In the end, no clear decision on the management of the German economy was made. Large weapons contracts with industrial firms soon had the economy running at top speed, and full employment was reached by 1937. Wages did not increase much for ordinary workers, but job security and food given to the people after years of economic depression was enough to make the general population happy. This helped with Hitler's idea of German self-sufficiency and trying to get them ready for war and the country was now gaining a large army with a good infrastructure and morale of the country was increasing as people was getting work. By 1939 unemployment had dropped to 30 000. Now industrial production was larger than that before the Wall Street crash of 1929 and Germany were ready for like they said they would be within the four year plan. ?? ?? ?? ?? Michael Squires History ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Germany 1918-1939 section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Germany 1918-1939 essays

  1. "How influential was Hitler's role in the rise of the Nazi Party 1920-1933?"

    When he spoke people would listen, he could transform the mood of an audience like no other with the power and strength he put into the words he spoke. When his speeches were over there would be roaring enthusiasm and applause from the crowd.

  2. Describe and explain the rise to power of Hitler and the Nazi's (with reference ...

    However on the on 30th January 1933 Hitler was virtually invited to become chancellor. How had this happened? Hitler becoming chancellor is a very important short-term cause of Hitler and the Nazi's rise to power because this was the first time that Hitler actually had some real power in his hands.

  1. Modern World History Coursework - Reichstag Sourcework

    serious mental problems and did not seem to be fully aware of his actions on the night of the fire. Although source G has got severe problems with reliability, it is still the source that offers the most support to the argument.

  2. Unit 1 Play: The Resistible rise of Arturo Ui -Plot Prologue: ...

    "But the majority resolved to clear your name of suspicion, shouted: Dogsborough's more than a name. It stands for more than a man. It's an institution." * Subplot: Sign appears: In January 1933 Hindenburg appoints Hitler Chancellor in return for a promise to prevent the exposure of the Osthilfe scandal, in which Hindenburg himself is implicated.

  1. Describe how Jews were discriminated against in Germany from 1933 to 1939

    Jews were excluded from participation in the German political and cultural life. This meant that if the Jews had opposed the persecution, they would not be very efficient as they would not get any political support. Severe hardships were also inflicted on Jews in their daily life (e.g.

  2. To what extent did the Nazis achieve an economic miracle in Germany between 1933-1939?

    However, for such an in-depth study, this book does not contain enough substance to it to provide me with the detail needed to form a balanced assessment and conclusion. Both Bullock and Kershaw are widely respected historians and offer analytical studies on Hitler.

  1. Anti-Semitism in Germany

    The confiscation of their wealth had left them unable to buy or bribe their way out of Germany, and no other country was willing to accept huge numbers of poverty-stricken refugees. Hitler began publicly to threaten that war in Europe would mean the 'annihilation of the Jewish race'.

  2. Nazi Germany Revision 1918-45

    1923: Putsch failed ? but by 1933 Nazis largest political party in Germany. 1923: Hitler relatively unknown, but by 1933 he was nationally known. During election campaigns used posters and mass meetings to hammer home his messages; flew across Germany to address meetings in every major city.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work