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Germany's Money Struggle Leads To Great Depression
Germany in the 1920s remained politically and economically unstable. The Weimar democracy could not withstand the disastrous Great Depression of 1929.(depression after the war) -
Hitler is introduced
Adolf Hitler is discharged from the Reichswehr and dedicates himself to full time work with the NSDAP. (social event) -
Germany Paying for the war
Since Germany was the loser of the war they had to pay for it. They struggled very hard to pay this off. -
Germany defaulted on its ability
Germany defaulted on its ability to deliver further amounts of coal and steel. -
Germany's money changed
By the end of 1923, a life savings of a hundred thousand Marks would not buy a loaf of bread. -
Germany's payment plan
In 1924, a payment plan was worked out and Germany's economy improved. However, it made the German economy, as well as the economies of the rest of Europe, dependent on the United States. -
2nd largest party
in the September 1930 elections, the Nazi party polled 6.5 million votes, or 18.3% of the vote. Nazi party representation in the Reichstag, Germany's parliament, expanded from 12 seats to 107, making them the second largest party. -
Enabling act
In March 1933 the Nazis in the Reichstag passed the Enabling Act, which allowed Hitler's government to deviate from the constitution as necessary. -
All political parties except the Nazis were banned
On July 14, 1933, Adolf Hitler’s Nazi Party officially declared itself the only political party in Germany and outlawed the formation of any other parties. -
Germany withdrew from the League of Nations
In October 1933, some nine months after Adolf Hitler was appointed chancellor of Germany, the German government announced its withdrawal from the League of Nations. The ostensible reason was the refusal of the Western powers to acquiesce in Germany's demands for military parity.
