Higher prices for consumers
Answer: Holocaust killed a third of Jews. Jews were persecuted for the anti-Semitic ideas of Nazi Germany. The Jews were imprisoned in concentration camps. The United States and the world have generally not done much for the Jews. The Holocaust had lasting consequences.
Explanation:
- Nazi crimes almost exterminated Jews from Europe. During World War II, about six million Jews were systematically killed. The most significant number were casualties in concentration camps stationed throughout Europe. In some parts of the Holocaust, entire Jewish communities were destroyed.
- Hitler persecuted Jews for his anti-Semitic views. He considered Jews guilty of the post-World War I state of Germany. Germany, as a defeated country, had to pay substantial war damages and was in a difficult economic situation. Hitler needed a culprit for such a case, and he considered them Jewish. In his book "Mein Kampf" he outlined his anti-Semitic views, which were later included in the official political platform of the National Socialist Party.
- The systematic incarceration of Jews began even before the official start of World War II. The first camps were opened in 1933. By the beginning of the War, there were about 25,000 people in these camps, some of them Jewish. By the end of 1945, millions of Jews would be killed in concentration camps. Over a million Jews were killed in Auschwitz alone.
- The United States and the world have generally not done much about the Holocaust. Even before the outbreak of the War, one could have hinted at what Hitler was planning on the Jews. Immigration and visa restrictions for foreigners began during President Hoover and continued during Roosevelt. There was no sympathy among the American society itself about the Jews. Also, there have been a number of officials in the government who have supported restrictions on US Dollar Jews. During the First World War, it turned out that journalists were often misreporting about German crimes, so journalists were very careful when it came to reporting on the Holocaust. Germany itself struggled to cover up crimes against Jews. At the time when such news came out, American society did not care much for that information, and they were more focused on other news from the War. America received just over 10,000 Jews during and before World War II.
- The experiences of Holocaust survivors are similar. There are many testimonies available by Holocaust survivors. They are critical because they talk about the proportion of the destructive policies of Germany and its allies during the War. These painful experiences have had lasting effects on the victims. Every January 27 marks the day of remembrance of the Holocaust victims, and the world is reminded of the horrors of Hitler's politics during the War.
They wanted to encourage more profitable imports for their nations as their economy was bad. However, other nations economies were bad as well, staunching the world economy even more.
The Great Depression was a period of unprecedented decline in economic activity. It is generally agreed to have occurred between 1929 and 1939. Although parts of the economy had begun to recover by 1936, high unemployment persisted until the Second World War.
<span>The 1920s witnessed an economic boom in the US (typified by Ford Motor cars, which made a car within the grasp of ordinary workers for the first time). Industrial output expanded very rapidly. Sales were often promoted through buying on credit. However, by early 1929, the steam had gone out of the economy and output was beginning to fall.The stock market had boomed to record levels. Price to earning ratios were above historical averages.The US Agricultural sector had been in recession for many more years<span>The UK economy had been experiencing deflation and high unemployment for much of the 1920s. This was mainly due to the cost of the first world war and attempting to rejoin the Gold standard at a pre world war 1 rate. This meant Sterling was overvalued causing lower exports and slower growth. The US tried to help the UK stay in the gold standard. That meant inflating the US economy, which contributed to the credit boom of the 1920s.
</span></span>During September and October a few firms posted disappointing results causing share prices to fall. On October 28th (Black Monday), the decline in prices turned into a crash has share prices fell 13%. Panic spread throughout the stock exchange as people sought to unload their shares. On Tuesday there was another collapse in prices known as 'Black Tuesday'. Although shares recovered a little in 1930, confidence had evaporated and problems spread to the rest of the financial system. Share prices would fall even more in 1932 as the depression deepened. By 1932, The stock market fell 89% from its September 1929 peak. It was at a level not seen since the nineteenth century.
<span>Falling share prices caused a collapse in confidence and consumer wealth. Spending fell and the decline in confidence precipitated a desire for savers to withdraw money from their banks.</span>
