| − | Germany's involvement and eventual defeat in [[World War I]] led to a harsh turn in German fortunes. The resulting "peace" where Germany had to pay huge reparations and take full blame for the war left the nation in tatters and bitter. From an exchange rate of the Germany reichsmark of 3 to the dollar, it eventually fell to over 1 trillion to the dollar. The monetary system had collapsed. A stabilizing of the economy again collapsed when the [[Great Depression]] hit. The stage was set for a struggling artist to rise up on the scene and eventually take control in a country that was desperate to look up to someone who could deliver. Their economic boom and decision to fight [[World War II]] once again left the Germany in ruins, and this time it was split in two. | + | |
| | + | Germany's involvement and eventual defeat in [[World War I]] led to a harsh turn in German fortunes. As part of the Treaty of Versailles here Germany had to pay huge reparations and take full blame for the war. Although the terms of the treaty were never fully enforced, the psychological damage was immense, since they were perceived as a grave injustice. The republic was also struggling with the rejection by monarchists, who were still occupying important position in the state. Although the [[Weimar Republic]] enjoyed a time of economic resurgence after the early years of hyper-inflation, during which the exchange rate went from 3 Mark to the US Dollar to over 1 trillion to the Dollar, it failed to gain deep public support. A stabilizing of the economy again collapsed when the [[Great Depression]] hit. During the great depression the stage was set [[Adolf Hitler]] to rise up on the scene and eventually take control in a country that was struggling with political instability, and that was desperate to restore restore national pride and statue, which eventually led to [[World War II]]. |