what were the challenges faced by Germany during great depression and how did nazi rules and Hitler make use of it ?
Answers
Answer:
Explanation:
Investments and industrial recovery of the Germans were dependent on short terms loans but when in 1929, Wall Street Exchange crashed and this support was withdrawn. As a result, on 24th October, 13 million shares were sold. Thus, the Great Economic Depression started. The various challenges faced by Germany during the Great Depression were:
• The national income of the USA fell down by half.
• In terms of the industrial crisis, factories were shut down, exports reduced, farmers were badly affected by this and speculators took back their money from the market.
• Great depression affected the US economy which was felt worldwide.
When the economic crisis happened, Hitler rose to power. He participated in the First World War and also won medals for bravery. Then in 1919 he joined German workers party and later became the lead and renamed it as national socialist German worker’s party. This party ultimately came to known as the Nazi party.
Due to the Great Economic Depression, Nazism became popular. As the situation became worse during great depression like businesses shut down, people lost their jobs, etc., the Nazis took advantage of the situation and with the planned propaganda they were able to influence people to make them realise of their better future. Their propaganda was to influence the people through speeches, films and posters.