However by the time hitler was released and refounded the party in 1925, Germany was in the golden era. It seemed as if Hitler would not rise. However, Gustav Stressemann, Germanys leader and supposed reason germany was flourishing new that this time of prospering was only temporary, and even said “Germany is in fact dancing on a volcano. If the shorter credits are called in, our economy would collapse”. This is in fact what happened in 1929.
The events of 1929 were key to the rise of the Nazi party. The two main events were the death of Gustav Stressemann and the wall street crash. The wall street crash put Germany into economic depression. All the funding from the USA was withdrawn. Hitler used this to advantage, prosmising solutions to Germany’s problems. These extreme policies which included blaming the Jewish germans for all of Germany’s did not work before 1929 in the golden area. Germany was once again flourishing and most Germans had no reason to join parties which such extreme policies. However, with Germany in economic crisis, many Germans turned towards the Nazi party for solutions. Just one year later, in the 1930 elections, the Nazi party had become the second largest party in the Reichstag.
Over the next two years, the Nazi party grew and grew until it became in the largest party in the 1932 elections. President Hindenburg however was very reluctant to give Hitler the position of chancellor. He gave the position to others, however von Papen and von Schleicher came and went in quick succession. "Within two months we will have pushed Hitler so far in the corner that he'll squeak," Papen boasted In the end he had no choice but to give the position to Hitler, incorrectly thinking he would be able to control him very easily, and on the 30th January Adolf Hitler became chancellor of Germany.
However, even in this position of power, Hitler didn’t have abosolute power. To achieve this, two months later in March 1933, Hitler passed the enabling act, giving him dictatorial powers, able to pass laws without consulting the Reichstag. After this law was past, Hitler quickly put Nazi officials in all high ranking government positions and made a law against the formation of new parties. This made Germany and single party state in which Hitler had absolute power.