Skip to main content
UploadLanguage (EN)Support
BusinessMobileSocial MediaMarketingTechnologyArt & PhotosCareerDesignEducationPresentations & Public SpeakingGovernment & NonprofitHealthcareInternetLawLeadership & ManagementAutomotiveEngineeringSoftwareRecruiting & HRRetailSalesServicesScienceSmall Business & EntrepreneurshipFoodEnvironmentEconomy & FinanceData & AnalyticsInvestor RelationsSportsSpiritualNews & PoliticsTravelSelf ImprovementReal EstateEntertainment & HumorHealth & MedicineDevices & HardwareLifestyle
Paula Burrough, profile picture
Uploaded byPaula Burrough
PPTX, PDF4,282 views

The Great Depression

The document discusses how Germany was affected by the Wall Street crash of 1929 and the ensuing Great Depression. It notes that Germany's economy was already weak before the crash due to short term loans. When the crash occurred, American bankers recalled loans to Germany, eliminating a key source of funds. This exacerbated Germany's economic woes, causing unemployment to rise sharply as businesses closed and exports declined drastically. The social and political impacts within Germany intensified as unemployment spread to workers across many industries. Economic hardship grew and discontent with the Weimar government increased.

Education◦
The Great Depression Learning Objectives: • To understand how Germany was affected by the Wall Street Crash of 1929 • Examine how did the Wall Street Crash benefit the Nazi Party
The Great Depression LO: To understand how Germany was affected by the Wall Street Crash of 1929 Why do you think the Golden Years officially came to an end in 1929? Shortly before Gustav Stresemann died in 1929 he stated: “The economic position is only flourishing on the surface. Germany is in fact dancing on a volcano. If the short-term credits are called in, a large section of our economy would collapse.” What can you learn from the source about the German economy in 1929?
The Great Depression LO: To understand how Germany was affected by the Wall Street Crash of 1929 Write as many words/phrases as you can to describe the event these pictures are illustrating
The Great Depression LO: To understand how Germany was affected by the Wall Street Crash of 1929 Using your text books and the internet read pages 46-49. In pairs develop a role play conversation that you might have with one of the people you have read about in the sources. Your conversation may focus on: • What life is like? • How they have been effected? • Who do they hold responsible for their woes and why? You will role play your conversation at the beginning of next lesson.
The Great Depression LO: To understand how Germany was affected by the Wall Street Crash of 1929 • In October 1929, share prices began to fall on the Wall Street Stock exchange • Falling shares meant people’s investments fell in value • Worried about losing money, people rushed to sell their shares before their value fell any further • On ‘Black Tuesday’, 24 October 1929, 13 million shares were sold • This panic selling made things worse, and sent prices even lower • Shares worth $20,000 in the morning were worth $1000 by the end of the day’s trading • Within a week, investors had lost over $4000million
The Great Depression: Its affects on Germany LO: To understand how Germany was affected by the Wall Street Crash of 1929 • Bankers and Financiers in the USA recalled the loans made to Germany under the Dawes Plan in 1924 which left Germany with no money. • International trade decreased rapidly, which meant Germany could not get any funds from exports. • As a result, Germany did not need to produce so much, so factories closed and employers sacked workers. • This also affected German farmers, who were not in a good position to start with.
The Great Depression In pairs, label yourselves A and B Student A • You have one minute to explain to your partner… • What was the Wall Street Crash? • How did it happen? • How did it affect America? Student B • You have one minute to explain to your partner… • How did the American depression affect Germany? • Explain carefully how it spread to Germany. LO: To understand how Germany was affected by the Wall Street Crash of 1929
The Great Depression Social Economic Political For each category, give evidence of how Germany was affected by the Wall Street Crash LO: To understand how Germany was affected by the Wall Street Crash of 1929
The Great Depression LO: To understand how Germany was affected by the Wall Street Crash of 1929 Using the sources below and what you have learnt so far explain the impact of the great depression on Germany? Source B Source C Four private armies, with knives, revolvers and knuckle-dusters rampaged through the towns- the SA of the Nazis, the Red Front of the KPD, the Sozi of the SPD and the Stalhelmer. The Reichswehr (the army) were nowhere. Kurt Ludecke, an eyewitness, reporting in 1930 Source A September 1928 650,000 unemployed September 1929 1,320,000 unemployed September 1930 3,000,000 unemployed September 1931 4,350,000 unemployed September 1932 5,102,000 unemployed January 1933 6,100,000 unemployed
The Great Depression Many people within Germany were said to be ‘doubly bitter’ with the Weimar Government. This was the second time that the government had thrown Germany into large scale economic depression, the first time being during the period of hyperinflation in 1923 How far do you think that the German Government can be blamed for the economic depression that hit Germany after the Wall Street Crash? LO: To understand how Germany was affected by the Wall Street Crash of 1929
Group How were they affected? Why were they affected? Who will they blame? Businessmen Factory workers Farm workers Young people Middle class The Great Depression: Effects on different people LO: To understand how Germany was affected by the Wall Street Crash of 1929
Businessmen saw their businesses close. People had less money to spend on goods so demand fell, leading to profits also falling. Businesses had to either sack people or shut down. As businesses closed, unemployment rose. 40% of all Factory Workers were unemployed by 1932. At the same time the government cut unemployment benefit to save money. For the unemployed this was a time of extreme poverty. Farmers had not done well in the 1920s. Agriculture in Germany had been suffering for a number of years. Prices had been falling since 1925. In the 1930s farmers slipped further into debt. Farmers sold their land or struggled in poverty. Young People could not find work. In 1933 over half of all Germans between the ages of 16 and 30 were unemployed. Sixty per cent of new university graduates could not get a job. Middle classes lost their businesses, savings and investments. Many lost money as the banks collapsed whilst others had to shut down their businesses as their loans were recalled. They also suffered when Bruning put up taxes.
The Great Depression Social Economic Link… Think about how the depression affected Germany. Can you link together the problems? Political LO: Examine how did the Wall Street Crash benefit the Nazi Party
The Great Depression LO: Examine how did the Wall Street Crash benefit the Nazi Party Homework: Review pages 50-51 in your text books. Create a poster on ‘What factors enabled the Nazi Party to come to Power’ Your poster can only include 10 words, the rest must be visuals, graphics, cartoons, drawings, etc