HST 270 Lecture Notes - Lecture 13: Classical Liberalism, 1930 American Soccer League, German National People'S Party

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26 Mar 2017
Department
Course
Professor
Getting out of Crisis
US President Hoover believed that government should keep out of the economy
Tried to cut government expenditures
Organized balanced budgets
Wanted to keep currency strong
This only pushed the country deeper into crisis
FDR’s New Deal policy got the economy moving again with massive
investments and deficit spending
How Crisis spread in Germany?
They were operating the government on massive American loans this led to
financial ruins, unemployment and Hitler coming to power
Political Parties
KPD: communists
SPD: socialists
Zentrum Party: catholic party
DVP: liberal party
DNVP: liberal party
NSDAP: Nazi party
1928
The Weimar governments were usually coalition governments and at this time
they had over 30 parties in parliament
1929
Germany was immediately hit by the US crisis
Unemployment rose from 1million to 3million
The coalition government could not agree on a solution
Spring 1930
The government resigns
General Schleicher
He was the go between Hindenburg and the army command
He was a background character and very conservative
Bruning
Part of the Catholic party
Appointed chancellor in 1930
Tried to set up a coalition government using classical liberalism ideology
Wanted balanced budgets
Wanted to cut government spending
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