World War I: The Economic Conditions Of Germany
After the First World War, the economic condition of Germany became very weak. The German troops lost in the war and then Germany was economically destroyed. They were forced to pay war reparations to both Great Britain and France. Also, most of the people in the Germany were unemployed. Germans started making plans to find out the ways to generate new job in different fields like in power plants, transportation, and other related fields. Due to the huge increment in the social spending and sudden drop in the revenues, Germans had substantial deficits in their country. As the imposed taxes began to drop, the government focused more on the state trade and the property tax to maintain their economic condition. Germany had quite good amount of
income from the municipal utilities such as electric power plants. However, the people were struggling against the economic crisis. Also, Germans were affected by the foreign tariffs placed on the goods of Germany. But the government worked hard to put the economy of the country in chain.
Germany could have recovered from economic crisis if they had exported goods with low prices. But, there was placed tariffs on the goods, which made this work infeasible. Thereafter, the situation became more miserable. The government made specific plans to overcome this difficulty. Germany printed large amount of money, which led to put it into the state of super inflation. When the Germany was in weak point, Hitler took the opportunity to gain power. He blamed Jewish people for the economic problems of the Germans. Also, Hitler made an impressive plans to recover the economic decline. He focused on the unemployment rate of the Germany and tried to remove unemployment from the country. Moreover, he outlined the economic plan for the strength and the victory of the military.
To sum up, when Germany was defeated in the First World War, they economy of the Germany dropped suddenly. Also, Treaty of Versailles and the placement of foreign tariffs on the goods made more difficult for the people. Hitler was able to gain power when the Germany economy was very weak.
income from the municipal utilities such as electric power plants. However, the people were struggling against the economic crisis. Also, Germans were affected by the foreign tariffs placed on the goods of Germany. But the government worked hard to put the economy of the country in chain.
Germany could have recovered from economic crisis if they had exported goods with low prices. But, there was placed tariffs on the goods, which made this work infeasible. Thereafter, the situation became more miserable. The government made specific plans to overcome this difficulty. Germany printed large amount of money, which led to put it into the state of super inflation. When the Germany was in weak point, Hitler took the opportunity to gain power. He blamed Jewish people for the economic problems of the Germans. Also, Hitler made an impressive plans to recover the economic decline. He focused on the unemployment rate of the Germany and tried to remove unemployment from the country. Moreover, he outlined the economic plan for the strength and the victory of the military.
To sum up, when Germany was defeated in the First World War, they economy of the Germany dropped suddenly. Also, Treaty of Versailles and the placement of foreign tariffs on the goods made more difficult for the people. Hitler was able to gain power when the Germany economy was very weak.