POLITICAL AND ECONOMIC CRISIS, THE YEARS OF DEPRESSION

BY –YASHMIT SANWARIA
ROLL NO-34
 CONTENT

• POLITICAL RADICALISM
• ECONOMIC CRISIS(USA AND WORLDWIDE)
• THE YEARS OF DEPRESSION(IN GERMANY)
• INDUSTRIAL CONDITION IN GERMANY
• WHY WEIMAR WAS FRAGILE?
 POLITICAL RADICALISM

1)They opposed this group. 1)Pattern

2)Wanted 2)Demand
3)Clash 3)LATER FOUNDED AS COMMUNIST PARTY OF GERMANY.
4)Hitler took advantage
 ECONOMIC CRISIS

GERMANY AND WAR REPARATION:-1)DEPLETION OF GOLD RESERVES

2)FRANCE OCCUPIED RUHR
3)PRINTING CURRENCY
4)GERMAN MARK FELL
HYPERINFLATIO-
N
 THE YEARS OF DEPRESSION

• GERMANY GOT SOME STABLITY BETWEEN 1924 TO 1928.

• GERMANY DEPENDENT ON USA(FOR LOANS).
• WALL STREET EXCHANGE CRASHED.
• GREAT ECONOMIC DEPRESSION IN USA.
• GERMANY BADLY EFFECTED BY THE CRISIS.
 INDUSTRIAL CONDITION IN GERMANY

• INDUSTRIAL PRODUCTION REDUCED.

• UNEMPLOYMENT RATE REACHED 6 MILLION.
• PEOPLE DESPERATELY QUEUED FOR JOBS.
• YOUTH TOOK CRIMINAL ACTIVITIES.
• WAGES WERE REDUCED.
• SAVINGS GOT DEMINISH.
 INDUSTRIAL CONDITION IN GERMANY

• Proletarianisation
• PEASANTS WERE AFFECTED(BY A SHARP FALL IN AGRICULTURAL PRICES).
• WOMENS WERE NOT ABLE TO FILL STOMACH OF THEIR CHILDREN.
• POLITICALLY WEIMAR WAS FRAGILE:-1)PROPOTIONAL REPRESENTATION
2)ARTICLE 48
3)PEOPLE LOST CONFIDENCE IN
WEIMAR.
 QUESTONS

WALL STREET EXCHANGE CRASHED IN WHICH YEAR AND HOW MANY

SHARES WERE SOLD ON 24 October?
WHO met in Weimar to give shape to the democratic republic?
FRANCE OCCUPIED WHICH INDUSTRIAL AREA?
“German economy was the worst hit by the economic crisis "JUSTIFY?
WHAT IS THE MEANING OF “Proletarianisation”?
 ANSWERS

• Ans-1)WALL STREET EXCHANGE CRASHED IN 1929.13 million shares were sold in a single day.
• Ans-2) socialists, Democrats and Catholics met in Weimar to give shape to the democratic republic.
• Ans-3)RUHR.
• Ans-4)1) The Great Economic Depression (1929-1932) hit the German economy very badly.
2) By 1932, industrial production was reduced to 40 per cent of the 1929 level.
3) Workers lost their jobs or were paid reduced wages. The number of unemployed touched
an unprecedented 6 million.
Ans-5) Proletarianisation – To become impoverished to the level of working classes.