Great Depression Germany & America

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by MelodyGomez
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Great Depression Germany & America

Great Depression



On October 29th, 1929, known as Black Tuesday, the stock market plunged. Billions of dollars were lost, family savings were destroyed. The picture depicts hundreds of people gathered outside the stock exchange.

In 1929, over 600 commercial banks failed and many more failed in the following years. Concerned citizens ran to the bank to withdrawl their money.

In 1933 FDR created the new deal to help jumpstart the American economy and get the people back to work. He used the three R's, relief, recovery, and reform. The cartoon above is the sprit of the New Deal.

In 1933 Franklin Rosevelt was inaguarated and was Democratic and more humantarian, as you can see him in the video stopping to greet people. He belived that the goverment should interfere with the peple instead of leaving them alone like in trickle down economics. He made many new reforms.

Farmers struggled in 1928 but the government did not provide assistance and credit hid uneven distribution of wealth.



The government responded to the lack of money by raising tariffs. They believed it would stimulate domestic industry but it only resulted in other countires raising their own tarriffs. The above article was written in 1930 by Percy Bidwell.

In order to pay reparations, Germany printed more marks, causing inflation. The German marks became almost useless so the United States stepped in with the Dawes Plan which loaned money to Germany.

1931 was a time when many were out of a job and relied on others chairty to get by. Breadlines were sometimes the only way a family would eat. Jacob Billikope wrote an article about America's duties to the unemployed.

In 1932, representatives from Germany, France, and Britain met at the Lausane Conference and agreed to suspend war reparations.

Owen young was the leader of Inter-Allied Reprations Comittee. The young plan was adopted in 1930, and split the reperations up over time which would end in 1988 as well as reduce the payment.

In response to the inflation, the German government refinanced mortgages and revaluated old German Marks claims, creating a stagger-system.

In 1933, Adolf Hitler was appointed chancellor and Germany underwent a series of changes.

In 1936, Hitler enacted the Four Year Plan which worked to end unemployment through public work projects. These projects worked to end unemployment as well as improve Germany.

Unemlpoyment in Germany was at its worst in 1933, citizens were released from their jobs and struggled to be rehired.

Hitler promised peace eventhough he planned a more revengful future for germany. He used propoganda from film makers like Leni Riefenstahl and her 1934 movie the Trimuph of Wil, to stress unity and peace.

Germany atempted to fix their agricutlure problem similar of that to the U.S. Although they produced crops, the farms were not profitable.

Diffrent Groups reacted differently to the new deal. Some supported it the deal whole heartly like African Americans. The above article is about consumers feelings with the new deal.

In January 1934 Germany and Poland Created the Non-agression Pact. This was a large change from the former anti-polish policies. Germany did not parrell this behavoir with there future invasion of Poland.

As part of Hitler's four year plan to a self-sufficent Germany he created the German Labour Front in 1937. This new "union" banned stricks and lockouts. The Labour front absorbed all pre-existing unions.


During the time of the New Deal, race relations were also addressed and many seeked change.

The new deal created many new organizations including the Works Progress Administration. It gave young out of work men jobs doing goverment jobs such as building bridges like the one pictured above. It also gave out of work artists and writers jobs with the slave narritives.

Although the new deal did include some things for the struggling farmers many did not agree with the goverments techniques. Many farmers were paid to burn their excess crops while others starved to death.


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