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9 (his) 21.1.11

9 (his) 21.1.11






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    9 (his) 21.1.11 9 (his) 21.1.11 Presentation Transcript

    • November criminals The supporters of the Weimar Republic were Socialists, Catholics and Democrats became very easy target to attack the conservative nationalist circle. They were mockingly called November criminals.
    • German Economy after 1st W.W Germany fought in the war largely on loans and had to pay war reparations in gold. This depleted gold reserves at a time recourses were scarce. In 1923 Germany refused to pay war debt and France captured one of their leading industrial area Ruhr, claming their coal. Germany followed a passive resistance and printed lot of paper currency. With too much printed money caused the German market fell. Value of market collapsed. This led to the hyper inflation in Germany.
    • Deplete Reparation  Reduce or empty  Make up for a out wrong done.
    • Causes of Economic recession in USA Over production led to the economic depression and collapse the American Stock market. American farmers had greatly increased their production during the war period. But after the revolt the demand for food reduced and price fell. The capitalists tried to increase their profit and paid low wages to the workers. Thus goods remained unsold in America. Also not much demand in Europe due to the collapse of Economy after the 1 W.W.
    •  America began to speculate in the stock market with borrowed money. As a result in October 1929 New york Stock Exchange collapsed. Value of shares dropped. Banks, factories, mining companies and business firms went bankrupt. There led to a large scale of poverty, unemployment and starvation.
    • Germany and Economic crisis The economic crisis affected the German economy very harmfully. The industrial production was reduced. Workers lost their jobs and paid low wages. Un employment emerged in all over Germany. It affected the peasants, womans and Childrens in Germany
    • Politically Weimar Republic was a failure- Discuss Politically it was a fragile. The Weimar constitution had some defects, which made unstable and vulnerable to dictatorship. Another one was proportional representation. This made achieving a majority by any one party a near impossible task, leading a rule of coalitions. Article 48 which gave the president the powers to impose emergency, suspend civil rights. They failed to manage this situations. The peoples they have lost their confidence in the Democratic system.