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Macro Economics Final Report

Macro Economics Final Report

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Published by Zayn Khan

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Categories:Types, School Work
Published by: Zayn Khan on Apr 06, 2011
Copyright:Attribution Non-commercial


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High levels of unemployment can be causes of civil unrest, in some cases leading to

revolution, and particularly totalitarianism. The fall of the Weimar Republic in 1933 and

Adolf Hitler's rise to power, which culminated in World War II and the deaths of tens of

millions and the destruction of much of the physical capital of Europe, is attributed to the

poor economic conditions in Germany at the time, notably a high unemployment rate[92] of

above 20%; see Great Depression in Central Europe for details.

Note that the hyperinflation in the Weimar republic is not directly blamed for the Nazi rise

the Inflation in the Weimar Republic occurred primarily in the period 1921 23, which was

contemporary with Hitler's Beer Hall Putsch of 1923, and is blamed for damaging the

credibility of democratic institutions, but the Nazi party only assumed government in 1933,

10 years after the hyperinflation but in the midst of high unemployment.

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