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The Nazi holocaust
The German economy encountered setbacks because of the requirement of reparations payments under the Treaty of Versailles. The Nazi Party campaigned on the promise to reject the treaty of Versailles, anti-Semitism and the removal of the Weimar republic. They promised to strengthen the central government and increase living space for Germanic people. The Nazi party took advantage of the effects of the collapse of the stock market to promise provision of jobs and strengthening the economy. The collapse of the stock market caused massive unemployment in the country and the Nazi used this to promise provision of jobs. The party used propaganda and promises to gain the support of the people (Bessel 178).
World War 1 caused social and political chaos in Germany. Repayment of war debts caused hyperinflation which inflated the …show more content…
The party promised to bring back Germany to its initial prosperity, create more jobs for the people and do away with the Treaty of Versailles. Furthermore, the worsening economic conditions as a result of the invasion of Ruhr by the French and Belgians in 1923, negatively affected the Weimar Republic. This invasion led to hyperinflation and eventually economic depression after the US withdrew its loans following the crash of Wall Street. This is what appealed to the voters (Ferguson and Hans-Joachim 128).
Work cited
Bessel, Richard. "The Nazi Capture of Power." Journal of Contemporary History 39.2 (2004): 169-188.
Ferguson, Thomas, and Hans-Joachim Voth. "Betting on Hitler: the value of political connections in Nazi Germany." The Quarterly Journal of Economics (2008): 101-137.
O'Loughlin, John, Colin Flint, and Luc Anselin. "The geography of the Nazi vote: Context, confession, and class in the Reichstag election of 1930." Annals of the Association of American Geographers 84.3 (1994):