Great Depression

What happened?

On October 29 1929, there was a severe economic downturn 

due to The Stock Market Crash, where the stock prices increased rapidly and when people tried to sell their stock no one bought it and even banks started to close down as they also invested in the Stock Market. To improve this situation, the USA started to ask back all the money she gave on loan to other countries. For an example, Germany. 

How it allowed HITLER to rise to power?

The Great Depression began and the Germans were cast into poverty and deep misery and began looking for a solution, any solution. This was because Germany had to pay back all the money which she took on loan from USA, which was to pay for the war reparations according to the Treaty of Versailles. Hitler saw this as a golden opportunity to get the people support. Therefore, he used his speech skills to attract people as the German people were tired of the political haggling in Berlin and they were tired of misery, suffering and weakness which allowed them to listen to anyone. These allowed Hitler to gain people's support. Once he gained the people's support there was an election and Adolf Hitler had won in the election. Therefore, the Great Depression helped Hitler to rise to power.




By GukanRaj

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