Seen as one of the harshest times, the Economic Depression did not only affect Germany. The Wall Street Crash had an enormous effect on many countries all over the world. As mistaken by economists and leaders, the “mild bump” increased to an overgrowing problem, which ended with disaster. As the value of money decreased, many governments decided to print more money.
Germany’s economy was very susceptible since it was built up on the American loans. The country was also dependable on foreign trades. As the Germans still had to pay the reparations, which were due to the War guilt from World War I, the banks throughout Germany failed, along with many production levels. Almost every German citizen suffered from the Economic Depression. It was not only one or two parts of society which were affected, but mostly every social class. At the time the stock market crashed, Germany was just developing its economy, since Germany lost most of their industry to the Allies in the Treaty of Versailles. The Great Depression in 1929 was a huge contribution for Hitler’s rise to power. As most people lost their jobs and the unemployment increased disastrous, the German inhabitants did no longer believe in the Weimar Republic. Money was not valuable anymore and many Germans suffered from poverty and illness. Hitler always hated the Weimar Republic. As for that, the Economic Depression increased his votes for the Chancellorship enormously. Hitler took this to his advantage. Hitler gained a lot of respect, since he criticized the Weimar Republic publicly and in every speech he held, he spoke out what the German people thought. Hitler and the Nazis promised the inhabitants of Germany jobs and a strong leader if they would vote for the Nazi party with Hitler as the front man. The Nazi party was very clever and soon many citizens believed in them. This was also due to the propaganda and the organization of the party. As the unemployment increased, the Nazis gave the German inhabitants new hope through offering them jobs. The Nazis had a phenomenal good propaganda, which was a good advantage for them, after they gained more and more hope from the German citizen. Hitler used the Economic Depression mostly for gaining new members for his party and for his propaganda. He was a man, who held very influential speeches and used a lot of enthusiasm while presenting his speeches. The Germans believed a lot in the speeches Hitler held and they more and more gained trust towards Hitler and the Nazis.
The Economic Depression was a great affect on the rise of Hitler. Many people soon realized that the Weimar Republic failed its office and that Hitler and the Nazis were actually speaking out of their minds. Through the Great Depression in 1929, the Nazi Party gained more and more votes every time Hitler held an expressive speech. The Economic Depression contributed a lot to Hitler’s rise of power, since it was one of the triggers that gave them more and more votes.