1. Wall Street Crash 1929 – June 1932 By, Dhiren Solanki, Hasan Shakali, Milan Hirani & Sammi Hussain.

2. Wall Street Crash 1929 The Wall Street Crash of 1929 was the most devastating stock market crash in the history of the United States, and as a consequence crippled the German economy along with it. As the USA was paying Germany to help them pay back their reparations, when the USA’s banks recalled the money they had loaned to Germany, it increased pressure on the German government from political parties to try and repair the economy.

3. Wall Street Crash Cont. As factories were producing less some of their workers were sacked and became unemployed. This meant that there were fewer people with the money to buy goods and so factories sold fewer goods. So even more workers were sacked, it was a continuing circle with had to stop soon or Germany would fall into a state of no recovery. Factories cut production or went bankrupt People became unemployed or had their wages cut Less people could afford to buy goods Factories sold less goods

4. Early Nazism During the economic collapse, the middle class citizens turned radical parties like the Nazis, the Nazis promised them: - - Strong Leadership - An end to the depression and a prosperous Germany - To overturn the Treaty of Versailles and make Germany a powerful nation again They blamed the Jews for being responsible for Germanys’ problems and provided them with a perfect scapegoat to blame. The Nazis won 107 seats in the Reichstag in the 1930 elections, making them the second largest party, only the Socialists had more seats (143).

5. Great Depression 1930-Late 1930s The German economy had plunged into what was known as the Great Depression. This depression didn’t only affect Germany, it affected the world. The Great depression caused personal income, tax revenue, profits and prices to drop. Unemployment in the United States rose to 25%, and in some countries rose as high as 33%.

6. Who else voted for them? Along with the middle classes, farmers voted for the Nazi as during the Great depression the unemployed bought less food and farm prices dropped by 60%. This caused the German farmers to vote for the Nazis who promised that they would repair Germany.

7. General Elections DayVotes (in thousand s) PercentageSeats in Reichstag Background September 1930 6,409.618.3107After the financial crisis July 193213,745.837.4230 November 1932 11,737.033.1119 March 193317,277.043.9288After Hitler had become Chancellor

8. General Elections Cont. The table shows the huge amount of people who voted for them and that was why consequently the Nazis came to power. As there was PR (Proportional Representation) in the Weimar Republic this meant that the Nazis could get a higher proportion of people in the Reichstag and that would make it easier for them to get to power and get their laws passed.