How far would you attribute the rise of the Nazi party to economic factors?

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How far would you attribute the rise of the Nazi party to economic factors?

“the Nazi rise to power was essentially linked to the Great Depression”  (Holtfrerich).  It is true to say that the Nazi rise to power can be greatly attributed to economic hardships in the country, for example; hyperinflation, unemployment and the huge reparations which they had to pay.  But is that the whole truth?  In deciding if it is or not, we must also look at other things which helped the to gain power, such as the failure of the Weimar government, and the good organization of the Nazi party itself.

Historians such as Salmon believe that Germanys economic hardships were in fact the main reason for Nazi success “If Weimar had some chances of survival before [the depression], it had very little chance afterwards”.  These economic adversities first started with the treaty of Versailles.  After WW1 the Germans were forced to sign a very callous treaty, which included paying the allies £6 600 000 in civil damages and also the loss of much of their industry eg the Saar coalfield to be given to France for fifteen years.  This left them economically crushed and people began to look for drastic measures to solve this problem.  

  Further more the invasion of the Ruhr added to these problems.  The French claimed that Germany had fallen behind in their reparations (to the sum of 14 000 telegraph poles and a few train loads of coal) and so they tried to take it by force. In outrage at this the workers went on strike, thus inducing mass unemployment.  To combat this the government began to print more and more money, causing huge hyperinflation. Overnight peoples savings became worthless and a wheelbarrow was worth more than as much money as it could carry.  The hyperinflation increased even more when the Wall Street Crash happened as Germany was very close to USA’s economy because of the Dawes plan (this was a loan from America which allowed them to pay back the reparations over a longer period of time).  “When people are desperate and miserable they tend to turn to extreme parties offering extreme solutions of the kill or cure variety” (The Growth of Nationalism Ronald Cameron, Charles Robertson, Christine Henderson pg 110).  This is why many people believe that it was purely economic reasons which lead to the Nazi rise in power – it was the Great Depression which forced the people into looking to them for help.

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  Nazi success can also be accredited to economic failures as it can be shown that when the country was doing well Nazi popularity dropped significantly.  This shows that, perhaps, if the countries economy had remained stable they may never have come to power.  During the years of Stresseman, when the Locarno pact was made (France and Germany were to respect each others borders); the new Rentenmark was introduced and the ruhr strike stopped, which meant the hyperinflation was solved to a great extent the Nazis’ went from having 32 seats in the Reichstag (4/5/24) to only 14 (7/12/24) and then ...

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