World war i and great depression

It killed more people, cost more money, damaged more property, affected more people, and caused more far-reaching changes in nearly every country than any other war in history.

World war i and great depression

Great Depression Begins When the stock market collapsed on Wall Street on Tuesday, October 29,it sent financial markets worldwide into a tailspin with disastrous effects. Fallout from the Great Depression - A young and hopelessly unemployed Berliner panhandles for spare change.

A run on a bank in Berlin. May Day brings a huge turn-out of pro-communist Berliners expressing admiration of Soviet Russia.

The German economy was especially vulnerable since it was built upon foreign capital, mostly loans from America and was very dependent on foreign trade. When those loans suddenly came due and when the world market for German exports dried up, the well oiled German industrial machine quickly ground to a halt.

As production levels fell, German workers were laid off. Along with this, banks failed throughout Germany. Savings accounts, the result of years of hard work, were instantly wiped out. Inflation soon followed making it hard for families to purchase expensive necessities with devalued money.

Overnight, the middle class standard of living so many German families enjoyed was ruined by events outside of Germany, beyond their control. The Great Depression began and they were cast into poverty and deep misery and began looking for a solution, any solution.

Adolf Hitler knew his opportunity had arrived. In the good times before the Great Depression the Nazi Party experienced slow growth, barely reachingmembers in a country of over sixty million. But the Party, despite its tiny size, was a tightly controlled, highly disciplined organization of fanatics poised to spring into action.

Since the failed Beer Hall Putsch inHitler had changed tactics and was for the most part playing by the rules of democracy. Hitler had gambled inattempting to overthrow the young German democracy by force, and lost. Now he was determined to overthrow it legally by getting elected while at the same time building a Nazi shadow government that would one day replace the democracy.

Hitler had begun his career in politics as a street brawling revolutionary appealing to disgruntled World War I veterans predisposed to violence. By he was quite different, or so it seemed. Hitler counted among his supporters a number of German industrialists, and upper middle class socialites, a far cry from the semi-literate toughs he started out with.

He intentionally broadened his appeal because it was necessary. Now he needed to broaden his appeal to the great mass of voting Germans. His chief assets were his speech making ability and a keen sense of what the people wanted to hear.

By mid, amid the economic pressures of the Great Depression, the German democratic government was beginning to unravel. He had spent years working to restore the German economy and stabilize the republic and died, having exhausted himself in the process. The crisis of the Great Depression brought disunity to the political parties in the Reichstag.

Instead of forging an alliance to enact desperately need legislation, they broke up into squabbling, uncompromising groups. Despite the overwhelming need for a financial program to help the German people, Chancellor Bruening encountered stubborn opposition to his plans.

To break the bitter stalemate, he went to President Hindenburg and asked the Old Gentleman to invoke Article 48 of the German constitution which gave emergency powers to the president to rule by decree. This provoked a huge outcry from the opposition, demanding withdrawal of the decree.

As a measure of last resort, Bruening asked Hindenburg in July to dissolve the Reichstag according to parliamentary rules and call for new elections.

The elections were set for September 14th. Hitler and the Nazis sprang into action. Their time for campaigning had arrived.The Great Depression was an economic slump in North America, Europe, and other industrialized areas of the world that began in and lasted until about It was the longest and most severe depression ever experienced by the industrialized Western world.

Though the U.S.

World war i and great depression

economy had gone into depression six months earlier, the Great Depression may be said to have begun with a . New content is added regularly to the website, including online exhibitions, videos, lesson plans, and issues of the online journal History Now, which features essays by leading scholars on major topics in American history.

Most images are digitized | All jpegs/tiffs display outside Library of Congress | View All About the FSA/OWI Black-and-White Negatives. The photographs in the Farm Security Administration/Office of War Information Photograph Collection form an extensive pictorial record of American life between and The title of Walker Evans and James Agee’s extraordinary work of literary photojournalism, Let Us Now Praise Famous Men, may have lost some of its ironic edge with subsequent acclaim and the fame of its writer and photographer.

First begun in as a project documenting the largely invisible. The Great Depression was a severe worldwide economic depression in the decade preceding World War schwenkreis.com timing of the Great Depression varied across nations, but in most countries it started in and lasted until the late s or middle s.

The trading floor of the New York Stock Exchange just after the crash of On Black Tuesday, October twenty-ninth, the market collapsed.

A Photo Essay on the Great Depression