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The End of Optimism:The Great
     Depression in Europe

 The in global economic collapse caused
    the German people to accept the
 terms, ideas, and values of Adolf Hitler
The Root of the Problem

The Treaty of Versailles
The Root of the Problem

 The Treaty of Versailles
The treaty destroyed Germany economically and humiliated
the German people.
The Root of the Problem

 The Treaty of Versailles
The treaty destroyed Germany economically and humiliated
the German people.

    •The reparations cost
    created huge debt
    •The German government
    tries to solve the problem
    by printing more money
    (mark)
    •The mark becomes
    worthless.
The Root of the Problem

 The Treaty of Versailles
The treaty destroyed Germany economically and humiliated
the German people.

    •The reparations cost
    created huge debt
    •The German government          •Germany was forced to
    tries to solve the problem      accept blame for WWI
    by printing more money          •Because of the bad
    (mark)                          economy most Germans
    •The mark become                were unemployed
    worthless.                      •Germans couldn’t feed,
                                    cloth, or shelter their
                                    families.
The Root of the Problem

The Treaty of Versailles
 Getting revenge never ends a
 fight!
• Hyperinflation: Creating money with no
  backing.
   – Germany after WWI




1 Billion Mark, October 20, 1923 Reichsbanknote
Would buy…
¾ Pound of Meat, 3 eggs, or 1/6 Pound of
Butter.Bread is 670 Million Mark a loaf.
This was BEFORE the Great
       Depression!
This was BEFORE the Great
       Depression!
This was BEFORE the Great
       Depression!

 The US had been trying to
 help Germany by loaning
 money to the country to help
 out the rest of Europe.
The International Financial Plan
          1924-1930
The International Financial Plan
          1924-1930
The International Financial Plan
          1924-1930
When the US Economy
    collapsed…
Soon after the Great Depression begins
           around the world….
• Hitler is elected as Chancellor of Germany

• He is a charismatic speaker who captures the
  imaginations and hearts of Germans
  everywhere, just like a coach who rallies his
  team.

• One of Hitler’s most powerful speeches was
  given during his State of the Union Address in
  1930
What would you do?
• Take out a piece of paper and write at least half of a
  page telling me what you would have thought of
  Hitler hearing his speeches. Would you have
  believed and agreed with him?
  • Remember your money is worth nothing, you
    have no food or shelter, and you cannot provide
    for your family.

  • Also remember this was before WWII so you
    don’t know about what is going to take place in
    the future…

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Great depression and hitler

  • 1. The End of Optimism:The Great Depression in Europe The in global economic collapse caused the German people to accept the terms, ideas, and values of Adolf Hitler
  • 2. The Root of the Problem The Treaty of Versailles
  • 3. The Root of the Problem The Treaty of Versailles The treaty destroyed Germany economically and humiliated the German people.
  • 4. The Root of the Problem The Treaty of Versailles The treaty destroyed Germany economically and humiliated the German people. •The reparations cost created huge debt •The German government tries to solve the problem by printing more money (mark) •The mark becomes worthless.
  • 5. The Root of the Problem The Treaty of Versailles The treaty destroyed Germany economically and humiliated the German people. •The reparations cost created huge debt •The German government •Germany was forced to tries to solve the problem accept blame for WWI by printing more money •Because of the bad (mark) economy most Germans •The mark become were unemployed worthless. •Germans couldn’t feed, cloth, or shelter their families.
  • 6. The Root of the Problem The Treaty of Versailles Getting revenge never ends a fight!
  • 7. • Hyperinflation: Creating money with no backing. – Germany after WWI 1 Billion Mark, October 20, 1923 Reichsbanknote Would buy… ¾ Pound of Meat, 3 eggs, or 1/6 Pound of Butter.Bread is 670 Million Mark a loaf.
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  • 13. This was BEFORE the Great Depression!
  • 14. This was BEFORE the Great Depression!
  • 15. This was BEFORE the Great Depression! The US had been trying to help Germany by loaning money to the country to help out the rest of Europe.
  • 16. The International Financial Plan 1924-1930
  • 17. The International Financial Plan 1924-1930
  • 18. The International Financial Plan 1924-1930
  • 19. When the US Economy collapsed…
  • 20. Soon after the Great Depression begins around the world…. • Hitler is elected as Chancellor of Germany • He is a charismatic speaker who captures the imaginations and hearts of Germans everywhere, just like a coach who rallies his team. • One of Hitler’s most powerful speeches was given during his State of the Union Address in 1930
  • 21. What would you do? • Take out a piece of paper and write at least half of a page telling me what you would have thought of Hitler hearing his speeches. Would you have believed and agreed with him? • Remember your money is worth nothing, you have no food or shelter, and you cannot provide for your family. • Also remember this was before WWII so you don’t know about what is going to take place in the future…