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Industrial Nations in the slump.

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Chapter 23 Industrial Nations in the Slump The Great Depressions mist critical effects were on industrialized nations. Before the Depression The people in the primary-producing countries had low standards of living. They wouldn't feel shattering disappointment when either their incomes fell or they lost their jobs. But the people of the industrialized nations had come to expect relatively high standards of life. The industrialized societies were the richer societies and their people believed they had riches to lose. 5 world's industrialized countries-germany, Britain, France, the USA, and Japan. Britain France and US emerged with their traditional forms of gov. after Depression. Japan and Germany would have political upheavals. Germany-Down the Road to the Third Reich: After 1923 German economy had recovered in the second half of the twenties and the boom attracted investment from the US in turn stimulating further industrial development. IN October 1929 Depression rocked the economy. As American bankers and investors called for their money back, as world demand for manufactures and foodstuffs declined, as prices slumped, as banks went bust, unemployment in Germany grew to over 5 mil. By Sep. 1932. The Depression took down with it the middle class-bank clerks, civil servants, office personnel-as well as the working class. ...read more.


The disagreement brought about the end of an effective coalition gov.: and it brought into the open all the festering dislike which many influential Germans felt for parliamentary democracy. Parliamentary democracy was incapable of dealing with a national emergency. Hinenburg made it clear that if a majority of the Reichstag opposed Bruning's polices. He would also dissolve the parliament and call new elections. The Social Democrats refused and blocked the new gov. policies in the Reichstag. Hindenburg dissolved the Reichstag, and Germany prepared for a general election. The results of the September 1930 election showed how badly the slump had affected people's morale, how in their anger and frustration many people had come to think that only desperate measures, and men, could pull them out of a desperate situation. Large numbers of working-class men without jobs gave their support to the Communist Party(KPD) The 25 Points of the Nazi Party Programme had first been announced in 1920. Now in 1930 they appeared to offer something for nearly everyone-for the unemployed workers, the worried farmers, the anxious middle classes, the bored and dispirited young. The Nazis scapegoat for Germany's ills was the Jews. Hitler was the supreme public speaker. ...read more.


Early in Feb. 1933, Hitler called for new Reichstag elections. Hermann Goering, Hitler's right-hand man was appointed Prussian Minster of the Interior. He controlled almost 2/3 of Germany's police. He appointed 50,000 auxiliary policemen' as Nazi gun-slingers in the pay of the gov. ON 27 Feb. the Reichstag building went up in flame. Hitler claimed that a communist revolution was at hand and persuaded Hindenburg to sign an emergency law "for the protection of the people and the State", which swept away the freedom of speech and freedom of the Press. ON 5 Mar. Hitler's Nazis won their best electoral victory 288 seats in the Reichstag. On March the new parliament met. Hitler demanded and Enabling Act which would give him the power to make his own laws. The Act was passed and German democracy was killed. Important: 1)the Nazi movement in Germany would become a model for radical groups in other countries gripped by the Depression of the thirties. 2)the German revolution of 1933 let loose a destroyer who wouldl eventually set off another great war. 3) the Nazi seizure of power is even for us today history's most terrible lesson in the speed and ease with which democracy and the rule of law can be overthrown. ...read more.

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