The Great Depression and the Causes of World War II 1929-1939 Objective To understand the causes of the Great Depression To understand the effects of the Great Depression To understand how each country reacted to the Great Depression To understand how Adolf Hitler came to power To understand the causes of World War II The Great Depression The 1920s were a period of economic prosperity In Europe and the United States Role of US Fragile prosperity “Dude, where’s my car?” American Economic Expansion during the 1920s Consumer Debt in the 1920s The Crash of 1929 Major selling of stocks in Wall Street Stock Market crash in Wall Street October 29, 1929 The Great Depression Massive shutdown of businesses Massive global unemployment in US, Europe, and elsewhere Economic collapse threatened payments of reparations The Great Depression Britain Coalition government formed 2.5 million unemployed by 1931 Abandons the gold standard Raises tariffs The Great Depression France Affected France in 1931 Social and Political Paralysis The Great Depression The United States Expanded role of federal government The New Deal under Franklin Roosevelt The Great Depression in the US and Europe The Great Depression Germany Depression weakened support for the Weimar Republic Torn between Communists and Nazis Germany 1932 Elections held in 1932 Hitler appointed Chancellor on January 30, 1933 Germany Hitler consolidates his power in 1933 Reichstag fire, February 27, 1933 Enabling Act passed March 23, 1933 Nazi Rally Germany Hitler eliminates internal competition “Night of the Long Knives” Hitler becomes both President and Chancellor on August 2, 1934 Germany Hitler and Anti-Semitism “Stab in the Back Theory” Nuremberg laws (1935) Germany Hitler’s Economic Policies Tax breaks for families Heavy government spending on public works to eliminate unemployment Italy Mussolini and Fascists take over Italy in 1922 One-party state Fascists made deal with big business Signs agreement with the Vatican in 1929 Soviet Union Centralized Planning Stalin takes over Soviet Union after Lenin’s Death New Economic Policy discarded Heavy industrialization begins Collectivization of agriculture “Let’s all get to work, Comrades!” Soviet Union Stalin’s Purges (1936-38) Stalin eliminates potential rivals Millions of people arrested, deported, executed, or disappeared Causes of World War II Hitler begins to scrap Versailles after 1933 Rearms Germany past limits permitted by Versailles Hitler remilitarizes the Rhineland in 1935 Critics of Appeasement Causes of World War II Appeasement British came to the conclusion that Treaty of Versailles was unfair France goes along with Britain Causes of World War II Hitler redraws Germany’s borders Austria (1938) Czechoslovakia German Takeover of Austria Causes of World War II Munich Conference Sudetenland Question British Prime Minister Chamberlain agrees to let Hitler have Sudetenland “I have brought peace for our time.” British Prime Minister Neville Chamberlain returning from the Munich Conference in 1938 Causes of World War II Hitler breaks his promise Hitler sets his sights on Poland Hitler and Mussolini Conclusion The Great Depression affects Europe and the United States The Great Depression causes countries to look at other alternatives The Great Depression leads to rise of Hitler and the Nazis Hitler scrapped the Treaty of Versailles British appease Hitler in hopes of getting him to cooperate Hitler breaks his promises and begins World War II