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In 1929, popular foreign minister Stresemann died. The year also saw the end of Germany's short period of prosperity. The Wall St. Crash of October 1929 in New York had repercussions all round the world

as the Depression took hold. Germany was hit worse than other countries because of her reliance on American loans which had been invested in businesses and houses. This money

was invested in long-term projects but the loans were short term. They couldn't raise new ones nor pay them back. As businesses went bankrupt, unemployment, homelessness and poverty increased. By 1933 there were 6 million people out of work.

In these conditions support for the Nazis and Communists increased as people realised that the Social Democrats couldn't solve Germany's problems. The Nazis began to win a significant amount of seats in the Reichstag elections. From having only 12 MPs in 1928, they grew in numbers and in the election of 1932 they became the largest party with 230 members. In 1933, they gained a 288 majority and the Nazi regime was built.

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13y ago

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