Weimar Republic And The Great Depression Essay

The Great Depression played a significant role in the collapse of the Weimar Republic. It had economic, political and social impacts on Germany. The Great Depression came about due to the Wall Street Crash in October 1929. The economic crisis helped enable the Weimar’s oppositions such as Hitler to take power as they took advantage of the situation. Not creating a stable economic system after the first world war meant that when the depression hit the collapse of the Weimar Republic was inescapable.

The Weimar Republic greatly relied on the US economy because the German economy was based on loans agreed in the Dawes Plan 1924 and the Young Plan 1929. The Wall Street Crash caused lead to repercussions in Germany. Economic impacts that were affected include the number of unemployed, bankrupt companies / businesses, hyperinflation, banking crisis and loss of business for farmers due to the falling prices of crops. Investors fared that the decline of foreign exchange and decreasing gold reserves. It was the great depression that caused the
The Nazi used propaganda to put pressure on people anxiety’s and fears. Promising a better future for Germany is when Hitler managed to receive such a high amount of votes. Many Germans throughout this time came to despise the Weimar Republic as they associated the government with the problem caused by the Great Depression.

The Great Depression caused by the Wall Street Crash was responsible for the massive collapse of the Weimar Republic. Due to the effects of the Government failing to respond effectively, the economic, political and social impacts placed on German caused many Germans to seek extreme solutions such as Nazism. The Great Depression caused disillusionment that led many to a life of poverty, this lead to the collapse of the Weimar Republic as the Nazi party promised hope and a better