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Bismarck Research Paper

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In 1871, Bismarck finally got his way changing everything. The New German Confederation was formed, and all the German states were united under one ruling organization. This lead to co-ordination of the country in its actions making it less susceptible to political, social, or military attack. Hence, the new Germany was very strong with the unification providing a base platform for industry to grow, and Bismarck was concerned for this well. He implemented several policies to protect the newly formed businesses; among them were laws which forced up the cost of many foreign items and provided the better value to the German goods. This reinforced the economy and industry responded. After this, the economy of Germany sky rocketed. Germany then …show more content…

It constituted the most modern industries in all Europe that even included Britain. The German Empire came to challenge Britain as Europe's primary industrial nation during this period. By 1914, Germany had even exceeded Britain which was the motherland of the Industrial Revolution, in significant sections, i.e. the production of steel or chemicals and the electrical industries. The founding of the Reich in 1871 brought about a unification of the German market by unifying currencies, weights and measures, the legal system and through a common representation abroad. The five milliards francs paid by France to Germany as reparation were an additional incentive to a powerful boom, which ended abruptly in the great crash of 1873. The following period up to 1895 is now known as the ‘Great Depression’, owing to the slow recovery of the economy and reduced economic growth. From 1896 to 1914 economic expansion was the characteristic trait, apart from a few fluctuations. In particular, the last two decades of peace saw the hectic, even breathtaking rise of German industry with serious political, social and psychological consequences. One of the immediate consequences of industrialization was the rapid increase in population. Emigration mostly to America was drastically reduced in the 1880s and more Germans found work and relative prosperity in the new German industries. The German population rose from 41 million in 1871 to 64 million. Germany by far surpassed France, traditionally the largest nation in Europe since the Middle Ages. (Geiss,

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According to Document 2 “In the period following the end of World War 1, Germany experianced a disastrous perioid of inflation. The German governemnts method of financing the war by borrowing heavily and printing large quantities of unbacked currency began th inflationary spiral. This lead to political violence.” The german economy was in ruins at the time, one us dollar was equivilant to 4,200,000,000,000 German marks at one point. This helped Hitler Rise to power because the people felt that their economy was very very weak because of the government, and they wanted a new upgraded government.

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Hyperinflation became so grave that it became more economically viable for German citizens to burn German Marks to fuel their furnaces instead of buying real fuel, as four trillion German marks were equivalent to one U.S. dollar (Doc. 6-7). These economic troubles did not stay contained in Germany, for Germany consistently defaulted on its payments to countries relying on German reparations to keep their economy afloat, resulting in many other large European countries falling into extreme debt (Doc. 6). The Treaty of Versailles had no plan to preserve the economy of Europe (Doc. 3), rather only a very flimsy idea to make Germany fix everything, showing once again that its impacts did far more harm than good on the overall economic and political stability of Europe. The Treaty of Versailles also had no plan to stabilize the newly created countries of Europe or make Germany and its allies “into good neighbors” (Doc. 3, 8), all of which led to extreme instability and unpredictability in Europe, as well as the German government itself, a mistake which paved the way for the rise of Hitler and the Nazi

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[Doc 1]. This responsibility forced Germany into massive debt, as they had to pay large sums of money while their economy was still in ruins from the war. This plight initially led to the weakened economy described

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The ever increasing penalties of consequence for Germany greatly increased their anger and their cause to restore their pride. Before the start of World War One Germany already had a great military size and a booming economy to back it up, resulting in Germany being the number one power in Europe at the time. The people’s pride in their nation grew at a ever steading rate, however there was a dark side. Germany also wanted to show the rest of Europe what they could do. Seeing a great opportunity with Austria-Hungary and Serbia along with Russia backing Serbia up went to at war each other, Germany lept for it, eager for blood.

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Germany had to take responsibility for the Great War. However, while Germany was paying to rebuild the rest of the world, Germany fell into a depression itself. Luckily for the Germans, a man named Adolf Hitler

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The unemployment rate in Germany also caused people to look for jobs, and when Hitler began to offer them with building military supplies illegally, they accepted. This decreased the unemployment rate, but later caused World War

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Germany has been struggling a lot after WWI. Adolf Hitler and his Nazi party started blaming and

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This explains that Hitler was able to improve economic conditions by taking control of other areas and abusing them by using their abundant resources. Everyone in Germany was excited that they finally had a ruler that could lead them to success. Germany was gaining more power and

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To try and stabilize the economy, German officials began printing money, but this only caused inflation making the money almost worthless. This caused widespread anger and humiliation throughout Germany (EQ - Doc C.). In conclusion, the Treaty of Versailles contributed to the start of World War II because it favored the Big Four (USA, France, Britain, and Italy), it took land from Germany and established demilitarized zones, limited the German army, and forced Germany to pay reparations. With all these factors pressing on the German people, people began wanting to get back at the other nations, and restore Germany and all of its

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One of the main factors was hyperinflation. This is when prices increase while value of money decrease. According to the United States Holocaust Memorial Museum, hyperinflation caused a depression, which undermined, “the stability of the German economy.” Jobs were hard to find and didn’t pay enough even when you had one. This caused the people of Germany to be in desperate need of help from anyone who could offer it.

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According to Mcelvaine (2004), the crash accelerated the downward spiral of the economy wiping out the paper wealth investors and altering the previously euphoric outlook of so many people into one pessimism, which made them more cautious of their spending and their investments and due to this they needed further demand. The money supply had major effects on the economy as well. If there is no money, then prices would have to fall and this could cause deflation, which is what caused the Panic of 1893, before the Great Depression took place. Germany dealt with hyperinflation and this contributed to the Depression. One way was that it wreaked havoc on the German economy and several European countries and they never fully recovered (Mcelvaine, 2004).

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The money given to Germany allowed the nation to rebuild its economy and rejoin the ranks of leaders in the European economic scene. The uniting force that propelled the Bizone economy into success mirrored that of the Marshall

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It is more accelerated than British because it applied a strategically designed, as in British industry base industrialization. Then they switched to centralized formed of capital accumulation by the state which is the main factor for the industrialization. Rapid industrialization among its economic and military competitors may have also contributed to the Germany industrialization. Germany, the key innovation would be the formation of large universal banks to provide access to needed capital for industrialization. Universal banks were created as a primary agents of wealth and capital allocation and accumulation.

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However German government printed more money to pay off the debt but it caused inflation. The government had 300 million papers and work 24 hours a day to pay a huge amount of debt. Germany wasn’t earning money properly, so it didn’t affect their wealth, which means they were still poor while they are keep making money. So prices of goods and education and services rose quickly. So many people didn’t go to the hospital, because it was too

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(Peter Hintereder and Martin Orth – 2013). Regarding to studies, Germany is Europe’s largest economy, accounting for roughly a quarter of European GDP. It is the world’s fourth largest manufacturing producer and the fourth largest producer of automobiles. It is the world’s third largest commercial services exporter; the third most important source of foreign directs investment (FDI); is third in global patents, and boasts the third most developed financial sector. As well, Globalization helped Germany in terms of investment.

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