Germany & The Depression OPI Flashcards

1
Q

Caused Political Extremism

A
  • Polarisation
  • Presidential Election - Hindenburg / Hitler / Thalmann
  • KPD & Nazis 51% in 1932
  • Potempa Affair
  • Increase in A.48
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2
Q

Rise of Nazis

A
  • Sept 1930 Reichstag Seats from 2% to 18%
  • Hitler Presidential Campaign 37%
  • Anti-Versailles policy popular
  • Bank Crisis increased nazi popularity
  • Nazis backed by industrialists
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3
Q

Caused Economic Devastation

A
  • Government cuts public spending
  • Unemployment - 29% in 1929
  • National Income was only 61% of 1929 Level
  • Industrial production had fallen in 1932 was 58% of 1929 level
  • War Pensions cut by 1/3
  • Gov Protectionism
  • Bank crisis of 1931
  • 18,000 farmers bankrupt
  • Prices fixed on consumer goods - bad for producers
  • Homelessness - Shanty towns
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