At 1100 hours on November 11, 1918, the siege came into effect, ending the First World War and with it the old world monarchies that had dominated Europe for a hundred years. Russia had succumbed to the communist revolution in 1917, the great empires of the Ottoman Empire and Austria-Hungary had been dissolved, and the British Empire, once the most powerful country in the world, found itself in the dark. Restlessness and turmoil prevailed in Europe, and depression began in uncertain times.
The depression in the United States spread almost ten years after it hit Europe. While the stock market crash of 1929 is often referred to as the start of the Great Depression, the 20/20 survey provides us with an observation that perhaps hints at future depressions. The agricultural industry had begun to show signs of trouble years before Black Tuesday. The new machinery developed during the war years allowed for increased productivity and more efficient harvests. But after the end of the war, the supply quickly returned to Paoto. Production of goods caused prices to drop, which prompted farmers to increase production in an effort to protect the crops they had grown accustomed to. However, this became a vicious cycle that depressed prices so much that many farmers no longer had enough money to pay for food, feed or contracts for their crops. As a result, many farmers defaulted and lost their farms.
Immediately the crash produced terrible effects on the economy in Europe. During the stock market boom in the years before the crash, large sums of money were made from European sources, eager to cash in on America’s success, while their own markets were going. These goods disappeared almost overnight. Similarly, the American we called investments in European bonds as in American banks desperately tried to make money to make cattle. bankrupt off Even more painful for the European continent was the immediate decline in imports of European goods via the United States. The American economy had collapsed leaving Europe in a deeper pit of despair.
The conservative idea that the system itself is just never abolished. The old laissez-faire approach to managing the nation’s economy did not prevent a depression that could potentially have been avoided if proper steps had been taken. If President Hoover had chosen to abandon laissez-faire, he would not have found himself in the same position as millions of his people; out of office
The German population was devastated by the outcome of the war. At the beginning of the war there was great enthusiasm for the war. nor right on the part of the German nation? The Germans, with new plans, will try to change the world; Rebellion against the burghers.
The proud German ideals had been inherited from post-industrial times. Germany had modernized at a rapid pace, taking Britain’s lead in a short period of time. Their science, engineering, and art survive more prominently in the modern urban environment than any other nation. The Germans were not afraid to try. A young nation proudly embraces new ideals. A sense of nationalism was built by these arts. The leaders saw themselves as the Germans of the new age; They were the heart of Europe, and they said that the continued domination of the world over worldly affairs was a clear and present danger to their lives.
After the war, not everyone was so faithful. He was the Kaiser for whom many young Germans had fought and died, for he had been forced to abdicate. The victors of the war tried to blame the Germans for all the loss of life and destruction in the war. After the Treaty of Versailles, the country was overwhelmed by famine due to the British blockade which was still in effect after the siege. The Germans were sorry for the treaty, which they considered to be unfair, so that an empire could be established with them.
The German economy was quickly forced to pay under the strain of rising reparations from the Allied powers. The early 1920s saw the collapse of the German monetary system. The hyper-inflation which had resulted from the printing of coins had made the mark cheap to an inestimable degree. People literally want to have wheelbarrows full of money to go to the store to buy the most basic necessities. These economic hardships lead to the actions initiated by the Nazi party in 1923, which, while complete failure, is reflected. the condition of the inhabitants of Germany is aggravated by the government, which seems unable to solve its calamities.
The Dawes policy could bring stability to the German economy for a few years, but the stock market crash in the United The city‘s recovery efforts have been derailed. The stability of the German economy was based on credit from the United States, but it seemed like a sudden stock crash. He was forced to call on creditors in the United States for loans. This was a devastating post-war economy. Almost half of the German work force became empty. those who had remained were constantly in fear lest they should be near.
The fear of the middle class, that they would become destitute, drove them into the arms of the Nazi Party. The Nazis were the most powerful right-wing political parties to emerge in Germany after World War 1. They knew their audience, and they were tireless. they labored to assimilate them into the fold.
The publication of Remarque’s AllQuiet on the Western Front in 1928 was a spectacle of confusion in ideals and emotions. of the “lost generation” in the post-war era. The causes of war seem false, their innocence. They returned to the unnecessary war. Dissatisfaction with the current situation both with themselves and with the country makes them want the good old days when they were not “lost” and the country was strong . These policies would allow the Nazis to gain traction.
The Nazi Party played strong, continually demonstrating that it was willing to fight tooth and nail for its beliefs. These volumes are spoken of as exemptions, which must have appeared in the light of the Nazis. They wanted to show the people the way. They would draw mainly middle-class businessmen with their forces against the Treaty of Versailles and anti-communism, but they sold themselves to some economic workers and Social reforms. After the war, the Germans, tired of the environment, wanted to return to their former glory. As sadness wore on, they stopped asking questions. The Nazis shouted, fired and offered solutions; they could hardly be neglected.
It was a different story that united all of England. The country had entered the war in a better financial position than most other European countries because it used the sale of goods by its government around the world to finance the war effort without taking out large loans. However, by selling these goods, English industries have been left largely untouched by the effects of the global financial crisis.
When the Great Depression came, and international trade was essentially hindered by high tariffs, England got its first real taste of depression. Without an export market, production slowed below pre-war levels and workers soon began to lose their jobs. Unemployment in England reached a high of 20%, but the northern regions of England were generally rated well above that. These numbers were considerably lower than in Germany, although the lack of exercise was not only due to poverty.
In England, millions of people in England had jobs that provided them with enough money to keep them from dying. The middle-class families were terrified of losing what little they had, who separated them from the workers and feared that they would be abandoned at any moment. It didn’t seem to bother them that the overall household could be significantly higher miners. While they continued to hold their business, they were on a far different level than the working class.
The welfare system in England existed on a level beyond that of other industrialized states. This system, which was fully funded by the government, was paid out of necessity. But unemployment pay was governed by experimental, strict rules that set the rate. Anyone applying for an empty salary is subject to public inspection by their officials, making sure that they do not have hidden earnings or savings. This type of worker was viewed as a humiliating experience and due to excessive and sometimes unfair restrictions on poor people.
So while Germany’s political system was in turmoil during the depression years, England was comparatively blessed with relative stability. This is not to say that fascism did not haunt England, many including George Orwell thought that England was doomed. they fall to the fascists if they do not rise effectively to fight socialism. In his book The Road to Wigan Pier Orwell argues that there is no chance of saving England without an effective Socialist party (p230). Orwell’s opponents, the same conservatives who dominated English politics, argued that government intervention was needed to preserve capitalism. In the end, it was the social system of government that prevented the poor from becoming a threat to new things; some indecent things are drawn.
In the same way, the system of safety in Germany was blocked in the middle to prevent the English system from being broken. The middle class were key to the rise of fascism in Germany and without that support fascism in England seemed doomed to failure. Those who are happy in their middle class have a class position. It afforded a degree of comfort that they were not concerned about their rule.
If the Weimar Republic had been able to establish an equally effective welfare system, it would have been able to stop the support that extremist groups gained during the Depression years. The workers cannot commit to the Communist Party, and the Nazis cannot have a significant heel to support against the fears of the middle class.
Report:
- All quiet on the west front from RemarqueThe Road to Wigan Pier from Orwell
