1. Hitler and the Rise of the Nazi Party – Part I
Chapter 13.5

2. Weimar Republic
After WWI, German leaders set up a democratic government known as the Weimar Republic
Weimar constitution established a parliamentary system led by a chancellor
Constitution gave women the right to vote and included a bill of rights
New German republic faced severe economic problems

3. Economic Crisis
When Germany could not make its war reparations, France seized the coal-rich Ruhr Valley
Government actions led to inflation and skyrocketing consumer prices
The German deutschmark was virtually worthless
Many middle-class families lost their life savings
The German government was weak and ineffective to solve the economic crisis to stabilize the German mark

4. Worthless German Mark
The value of the German mark plummeted. It often took shoppers wheelbarrows of money to go shopping for milk or bread.
An item that cost 100 marks in 1922 cost 944,000 marks in 1923 – one year later!

5. Hyperinflation
When associated with depressions, hyperinflation often occurs when there is a large increase in the money supply not supported by gross domestic product (GDP) growth, resulting in an imbalance in the supply and demand for the money. Left unchecked this causes prices to increase, as the currency loses its value. When associated with wars, hyperinflation often occurs when there is a loss of confidence in a currency's ability to maintain its value in the aftermath. Because of this, sellers demand a risk premium to accept the currency, and they do this by raising their prices. One of the most famous examples of hyperinflation occurred in Germany between January 1922 and November By some estimates, the average price level increased by a factor of 20 billion, doubling every 28 hours.
Source:

6. Brief Video Watch this video to learn about monetary inflation:

7. Dawes Plan
1924 – USA convinced France to lower German war reparation payments
France withdrew French forces from the Ruhr Valley
USA lent money to Germany to help the German economy recover
German inflation was brought under control with Western assistance

8. Adolf Hitler Born in 1889 in Austria Moved to Vienna at age 18
Developed anti-semitic attitude (hatred/prejudice) against Jews while in Vienna
Fought with German army in WWI
After WWI, Hitler hated the weak Weimar government that accepted the terms of the Treaty of Versailles
He became leader of the National Socialists, or Nazi Party

9. Austria

10. Mein Kampf 1923: Hitler was arrested and imprisoned for treason
While in prison, Hitler wrote Mein Kampf (“My Struggle”)
Mein Kampf explained Nazi goals, beliefs, and prejudices
Mein Kampf represented Hitler’s obsessions: 1) extreme nationalism, 2) racism, and 3) anti-semitism
Hitler blamed Jews, Marxists, corrupt politicians and crooked business leaders for Germany’s defeat in WWI

11. Mein Kampf

12. Aryans Hitler believed in a master race called Aryans
Aryans were light-skinned Europeans
Hitler felt Aryans were the enemies of the Jews, long persecuted by Christians in history
Hitler branded Judaism as a separate race, not a religion
Hitler defined a Jewish person if they had at least one Jewish grandparent

13. Aryan Race Propaganda

14. Lebensraum
Hitler dreamed that all German-speaking people would unite into one nation
Germany needed lebensraum – living space to expand in order to accommodate all the new people that would live inside the new Germany
Inferior races (dark-skinned) and Slavs would have to vacate to make room for the German empire
Hitler takes on the title Fuhrer (leader)

15. Lebensraum Propaganda
The German invasion of Russia in 1941 was the first step of Hitler's attempt to acquire more land (lebensraum) for the German people to populate.

16. Powerpoint Questions – Part I 15 points
1. What was the name of the German government established after WWI?
2. Identify the leader of the new German republic.
3. What did France do when Germany refused to make war reparations?
4. Describe what happened to the value of the German deutschmark (currency).
5. What is the term called when there is a loss of confidence in a currency's ability to maintain its value following a war?

17. Powerpoint Questions – Part I
6. What was the name of the American plan that helped the German economy recover?
7. What was the name of the book that Hitler authored?
8. Identify the three obsessions represented in Hitler’s book.
9. The “master race” were known as ________.
10. How did Hitler define a Jew?
11. Name Hitler’s program for expanding the German empire.
12. What title does Hitler give himself? What does it mean? (2 points)