Collapse of the WR, 1929-33 Flashcards
(41 cards)
After the WSC, how many major banks went bankrupt?
5
What happened to national income 1929-32?
It shrunk by 39%
How many people were unemployed by 1932?
6 million
After the WSC, how many business went bankrupt?
50,000
After the WSC, what happened to industrial production?
Declined by 40%
After the WSC, what happened to wages?
They fell between 20 and 30%.
What policy did Brüning adopt?
A policy of deflation
What did Brüning use an emergency decree to introduce?
Wage cuts, rent cuts and tax rises.
What happened in July 1931?
The Hoover Moratium suspended the need for Germany to pay back loans for a year.
What did Brüning’s policies do to the economy?
Deepened the recession
What did von Papen introduce?
Some tax concessions and subsidies for businesses which created new jobs and helped to improve the economy.
What fell apart as parties disagreed over how to manage the economic crisis?
The Grand Coalition - March 1930
What percentage of the vote did the Nazis have in 1928?
2.6%
What did unemployment stand at in August 1929?
2 million
What government did Brüning lead as a result of the collapse of the Grand Coalition?
A minority government - never had the support of the Reichstag.
What did unemployment stand at by the end of 1930?
Over 3 million
What percentage of the vote did the Nazis and the Communists get in the September 1930 elections?
Nazis = 18.3%
Communists = 14.3%
What were the key themes of the Nazi message?
- The Führer cult - Hitler portrayed as Germany’s saviour
- Volksgemeinschaft - one German community
- Scapegoating the Jews for Germany’s ills
Where did unemployment stand in May 1931?
4 million
What did the government introduce after the Hoover Moratorium suspended reparation payments in 1931?
Only introduced modest work schemes - this was not enough to have a significant impact on the economy.
How many emergency decrees were used in 1931 compared to 1930?
44 decrees in 1931 using Article 48, compared to 5 in 1930.
What did Hitler do in Feb 1932?
He officially became a German citizen, allowing him to take the position of President or Chancellor.
What happened in April 1932?
Hindenburg was re-elected as president, defeating Hitler by a small margin.
How did Goebbels curate the image of Hitler as a credible political leader?
He used modern technology such as radio and aeroplanes to fly Hitler from region to region to campaign. Hitler created an image of himself as a strong, decisive leader - known as the ‘Hitler Myth.’