HSTR 240B Lecture Notes - Lecture 12: George Orwell, Lethal Consequences, Deflation
13 Sep 2016
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Document Summary
Economic depression was not new to europe, but severity and duration were : struck entire world 1929-1933, disappeared only after 1945, enormous political and social consequences. Search for radical solution = growth of extreme political parties. Why was it so bad: no real leadership of international economy, poor national economic policy in almost every country. Government cut when they should have spent. Most lethal consequences in germany: weimar germany. Great depression = crisis hitler needed to come to power. From march 1930 (end of grand coalition"), germany ruled by emergency decree (article 48 of the constitution: political radicalization. German communist party tripled membership between 1929 and 1932 . The nazi party (nsdap) really benefitted: 1930: the end of the weimar democracy. Chancellor heinrich br ning hunger chancellor", deflation: cut prices, cut wages, cut state spending. Unemployment soared (6 million in 1932: 14th september 1930. 12 seats to 107 but: hitler not chancellor: 31 july 1932.
