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In Between The Wars


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Europe 1919-1933, Weimar Republic

Published in: Business, Economy & Finance
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In Between The Wars

  1. 1. In Between The Wars<br />
  2. 2. Bell Ringer<br />What were the terms of the Treaty of Versailles?<br />1 minute<br />Discuss with your partner<br />
  3. 3. Treaty of Versailles<br />Germany:<br />Lost territory<br />Took all blame<br />Demilitarized<br />Paid reparations <br />
  4. 4. The Weimar Republic<br />Germany Post WWI<br />
  5. 5. Germany<br />At the end of WWI, Germany was plagued by various riots, strikes, and rebellions<br />Numerous groups were vying for power <br />Communists <br />Social Democrats<br />Nazis (Hitler’s political debut)<br />When Kaiser Wilhelm abdicated, Germany was declared a republic<br />
  6. 6. New German Republic<br />First order of business: to sign peace treaty<br />Many Germans (including Hitler) saw this as an act of treason<br />Still, elections took place and the Reichstag (German parliament) was able to create a new constitution that was very democratic in nature<br />
  7. 7. Weimar Republic<br />This new, democratic government was called the Weimar Republic<br />It would stay in power for 14 years<br />
  8. 8. Financial Hardship<br />Germany was unable to pay the reparations<br />By 1922, they defaulted on their payments<br />Result = France & Belgium occupied the Ruhr region (industrial heartland) with intent to use the products as reparation<br />
  9. 9. Economic Disaster<br />Occupation led to economic disaster:<br />Production decreased<br />Unemployment increased<br />Prices rose dramatically --> more money printed --> hyperinflation<br />
  10. 10. Hyperinflation<br />Source:<br />
  11. 11. (More) Hard Times for the Germans<br />Germans lost life savings<br />Workers paid with worthless money<br />Literally cost millions for groceries - hunger riots<br />
  12. 12. Check for Understanding<br /> Discuss with your partner the Weimar Republic’s status:<br /> 1. Politically<br /> 2. Economically<br />1 minute<br />
  13. 13. On the Brink of Chaos<br />Economic hardships led to further political discord<br />Things got worse when the WR resumed reparation payments<br />Germans now furious with government and wanted something done…<br />
  14. 14. Hitler’s Plan<br />Hitler & Nazis plotted to:<br />Kidnap Bavarian leaders<br />force them (at gunpoint) to accept Hitler as their new leader <br />Win over the Army<br />Declare national revolt<br />Overthrow democratic government<br />
  15. 15. From Beer Hall Putsch…<br />Munich, Germany<br />November 8-9, 1923 - 8:30 pm<br />Hitler & posse stormed beer hall = leaders freaked out<br />“The National revolution has begun!”<br />
  16. 16. To Beer Hall Putz…<br />Comedy of errors…<br />Result - Hitler arrested - charged with treason <br />5-week trial - guilty verdict<br />Sent to Landsberg Prison (where he wrote his famous book, Mein Kampf)<br />
  17. 17. Did Hitler Really Lose?<br />Ultimately, no (it helped him!)<br />Trial made him a national figure<br />Platform to make his views known to those outside the Nazi party<br />His defense gave him the opportunity to attack those he hated (Jews, communists, etc.) <br />
  18. 18. Hitler in a Lederhosen! <br />
  19. 19. Check for Understanding<br /> What was the “Beer Hall Putsch?” How did it ultimately work in Hitler’s favor?<br />30 seconds<br />
  20. 20. Back on Track<br />New chancellor/foreign minister (Stresemann - 1923-1929)<br />Introduced new currency that ended hyperinflation<br />Negotiated reduction in reparations<br />This upswing gave way to great cultural advances (Brecht, Weill, Dietrich, Einstein, etc.)<br />
  21. 21. Meanwhile…<br />In the US<br />
  22. 22. The Roaring 20s<br />Prosperity<br />Optimism<br />Liberal attitudes VS. <br />Flappers<br />Speakeasies<br />Gangsters<br />Jazz<br />Conservative attitudes<br />Prohibition<br />18th Amendment<br />Red Scare<br />
  23. 23. Flappers<br />
  24. 24. The Bee’s Knees!<br />
  25. 25. Speakeasies<br />
  26. 26. Check for Understanding<br /> Based on what you just learned, why do you think the US refers to this decade as “roaring”?<br />Discuss with partner<br />1 minute<br />
  27. 27. BUT…<br />By 1929, things began to take a terrible turn…<br />
  28. 28. Economic Depression<br />a period during which business, employment, and stock-market values decline severely or remain at a very low level of activity<br />
  29. 29. STOCK<br />A piece of a company - the owners of a company sell “shares” of the company<br />
  30. 30. Dividend<br />An annual payment to <br />a stockholder, like interest<br />
  31. 31. SPECULATE<br />To buy land/stock when the price is low and sell it when the price is high<br />
  32. 32. On Margin<br /> Investors pay for only <br />part of the purchase price<br />in cash - the rest is owed to a broker<br />
  33. 33. Margin Call<br />When the broker <br />asks for repayment of <br />the stock loan<br />
  34. 34. Check for Understanding<br /> Using the new vocabulary, predict to your partner how the stock market crashed in 1929.<br />1 minute<br />
  35. 35.
  36. 36. Black Tuesday<br />Tuesday, October 29, 1929<br />Great stock market crash<br />
  37. 37. The Great Depression<br />(1929-1941)<br />
  38. 38. Underlying Causes of the Great Depression<br />Stock market crash did not cause the GD<br />Main Causes:<br />Unstable Economy<br />Over-speculation<br />Government Policies<br />
  39. 39. Unemployment Lines<br />
  40. 40. The Ripple Effect<br />At first, crash only affected those heavily invested in stock market<br />It did not take long for a ripple effect to occur<br />
  41. 41. Impact on World<br />International banking, manufacturing and trade made the world dependent upon the US<br />US demanded France & Britain pay wartime debts while keeping taxes on imports high<br />Created a situation in which the Allies had to rely on Germany’s reparations<br />
  42. 42. Collapse of Weimar Republic<br />Great Depression<br />Financially crippled Germany<br />Weak Government<br />President von Hindenberg<br />Elderly<br />Too weak to fight Hitler<br />Tries to outsmart Hitler…backfires<br />
  43. 43. Closure<br />List the circumstances that led to the collapse of the Weimar Republic<br />1 minute <br />