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started by Van Weringh on 15 May 12 7 follow-ups, last by Alexandra H on 15 May 12

shared by Lachlan Costa on 16 May 12 - No Cached

The fortunes of the National Socialist German Workers Party changed with the Wall Street Crash in October 1929. Desperate for capital, the United States began to recall loans from Europe. One of the consequences of this was a rapid increase in unemployment. Germany, whose economy relied heavily on investment from the United States, suffered more than any other country in Europe.
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Before the crash, 1.25 million people were unemployed in Germany
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Hitler, who was considered a fool in 1928 when he predicted economic disaster
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...6 more annotations...
People began to say that if he was clever enough to predict the depression maybe he also knew how to solve it.
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was now seen in a different light
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However, the policies that Hitler introduced did help to reduce the number of people unemployed in Germany.
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The government banned the introduction of some labour-saving machinery.
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These policies often involved taking away certain freedoms from employers.
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By 1937 German unemployment had fallen from six million to one million. However, the standard of living for those in employment did not improve in the same way that it had done during the 1920s.
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shared by Catriona S on 15 May 12 - Cached

shared by Oscar M on 15 May 12 - No Cached

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