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

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Michael Squires                History

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. There was an outcry for a new government that could take over from the old Weimar republic and once again boost Germany back to a superpower. The Nazis were one of many radical parties, but why was it the Nazis that succeeded in taking power and getting Germany back to a superpower?

The German people started to lose faith in their democratic republic and it was the middle and working class that was looking to the extreme parties for help, the Nazis and the communists. It was the landowners, industrialists, the middle class people and the conservative right-wing politicians who turned to support the Nazis. The Nazis were one of many right winged parties who supported the idea of a new Kaiser and for Germany to be a dictatorship.  Many other right winged parties collapsed within the 1920’s but under the strong leadership of Adolph Hitler the party became well known and prevailed as the main right winged partying Germany. Hitler used many of his ideas in the Nazi party and whilst in prison he had rote ‘Mein Kampf’, my struggle, which put down his main ideas and that of the Nazi party. It was in this book Hitler had created the idea of the Aryan race which he saw as the master race. The Germans, he asserted, were Aryans, and were destined to rule the world. But after the defeat of the First World War he found a scapegoat, the Jews. He blamed these because he saw it as them who signed the treaty of Versailles because many of the Weimar republic politicians that did so were Jewish. Hitler suggested if Germans wanted their nation to be strong again, they had to believe in the Führer which he wanted to be himself. The Führer would rule alone and be able to make quick decisions. The Nazis also said they would nationalize the big business, provide employment for all workers, and implement land reforms for peasants. The Nazis also wanted self sufficiency but to achieve this they would have to take over foreign countries. The Nazi government aimed to abolish the Treaty of Versailles and had also proposed to take over Eastern Europe.

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In the general election of September 1930, the Nazis won 6.5 million votes, took 107 seats in the Reichstag and became the second largest party in the country. But the social democrats remained the largest party in still contained the majority of the vote. There was a coalition government at this time which was made up of the Social Democrats, Catholic Centrists and Democrats. The unpopularity of the government was shown in the presidential election of April 1932 where Hitler and Hindenburg both stood. Hindenburg was reelected with 19.4 million votes but Hitler did receive 13.4 million of ...

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