After the First World War

Germany
After the first World War, Germany was forced to pay large reparations an give up land. Germany didn’t have the money to pay to the major powers so they just made more instead. This then caused hyperinflation which led to a world-wide depression. This world-wide depression caused massive unemployment rates but a rise in socialist ideas that caused nationalism and hope to come back to Germany. During this time period, after the war, due to the reparations; Germany suffered hyperinflation. The Treaty of Versailles forced many strict enforcements on Germany because they blamed Germany entirely for World War I. Some of these punishments included loss of land, paying for the damage of the war and to accept full responsibility for the war. These reparations were so painful to Germany that they couldn’t pay for all of them so they just printed more money in order to pay for them, which led to too much money in the German economy. This is called hyperinflation. The inflation became so horrid so fast that in July of 1923 the value for every German mark to U.S dollar was 375,000. In December of that same year the value for every German mark to U.S dollar rapidly spiked to 4 trillion dollars. Marks lost so much value during this time period that some people burned the paper money instead of getting kindling because it was cheaper. Performers would also be paid, not in money; but in sausages. Hyperinflation wasn’t the only problem, unemployment increased as well.
The Great Depression was an economic slump in North America, Europe, and other industrialized areas of the world that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world. The Great Depression may be said to have begun with a catastrophic collapse of stock-market prices on the New York Stock Exchange in October 1929. Furthermore, based on four charts on page 17, during the economic depression, the charts illustrate Germany’s economic downfall in many ways. This economic downfall had much deeper impact on Germany than hyperinflation crisis. Also, the charts show that the German unemployment has incredibly increased which caused economic corruption after 1929. Due to the lack of workers, the German industrial production decreased. As production levels fell, German workers were laid off. Unemployment in Germany had risen to between 25-30 percent of the work force or 12 and 15 million workers.
Third, the socialism, during the elections to the German Reichstag in 1924-1932, the Nazis, was taking control in Germany. In May 4th, 1924, the German Workers Party, National Socialist, increased percentage of people when it reached July 31st, 1932. At the same time, People’s Party (conservative), German Nationalist, has decreased percentage of people when it had also reached July 31st, 1932. During those eight years, between the conflicts of two parties, it indicates political unrest in Germany. German are not having difficulties with political in Germany.
Germany had both a rough economy and political system following the war. The enemy countries during the war had punished them and blamed them entirely for the war. Due to the reparations Germany had to overcome, Germany suffered poverty and hyperinflation, which led to the unemployment rates becoming massive. The turmoil in Germany led new political ideas into the system which concluded to the addition of socialism and fascism being popular to the public.