Hitler - CIE History 9389 (Extended Notes)

Complete set of notes to get A*. 45pg document with Point Evidence and Explanation. Very useful information to make good essays and prepare for finals. How was Germany affected by the depression? Example; -The effects of the slump were widespread. Many farmers had already been hit with high-interest rates and falling agricultural prices -By 1932 there were 6 million unemployed -Industrial production fell 70% in 1932 compared to 1927 -Due to global protectionism, imports and exports fell dramatically, which prevented German businesses from trading, leading to a mass loss in jobs, significant drops in salaries, and less government income to spend on rebuilding the nation -Under the Weimar Republic, many believed business would re-stabilise by itself, however, this was not the case as the depression wounded Germany even further than predicted -Many began to feel resentment towards the government, as their savings became worthless and income became worthless, making them feel unwanted and rejected -Those who managed to keep their jobs had their wages reduced, and lived in fear of losing their jobs -By 1932, 18,000 farmers had gone bankrupt -By 1932, 50,000 businesses had gone bankrupt -No government was prepared to intervene in any major way to reflate the economy