One of the impacts of the Great Depression on Germany was people were willing to turn to radical forms of government. The impact of the Great Depression was very severe in Germany, which had enjoyed five years of artificial wealth, supported by American loans and goodwill.
Explanation:
There are some key facts about the Great Depression in Germany. You can see them on the description below:
• In Germany, depression struck differently but was no less powerful. The new Weimar Republic had passed a period of strong inflation in the 1920s because of reparations required by the Versailles Treaty. Instead of burdening German citizens to pay reparations, Germany borrowed millions of dollars from the United States and owed more. American demands for loan repayments have had a devastating effect on Germany's already fragile economy, with banks failing and unemployment increasing. As in the United States, the Weimar Republic chose to cut spending rather than multiply it to spur the economy, which further worsened the situation.
• The Great Depression also took part in the appearance of Adolf Hitler as a feasible political leader in Germany. The failing economic conditions in Germany in the 1930s created an angry, fearful, and financially struggling population open to more extreme political structures, such as fascism and communism.
• Hitler had a spectator for his antisemitic and anticommunist rhetoric which illustrated Jews as the cause of the Depression. Uncertainty and fear about the future of Germany also made many Germans look for the kind of stability that Hitler offered.
LEARN MORE
If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:
• Explain the relationship between the Great Depression in the US and the Great Depression in Germany? brainly.com/question/10057977
• Germany response to the great depression: brainly.com/question/12770555
Keywords :
Great Depression, Germany
Subject : History
Class : College
Sub-Chapter : Great Depression