Depression in Germany

Depression in Germany

I decided to pick the topic as it is an exploration of Germany in the 20th century. It places special attention on the significance of the First World War. The purpose of the research is to determine the causes, depth and impacts of the war and how it has imposed a change in the economy. The research focuses on the Great Depression that took place between the First World War and the Second World War. During this period, Germany experienced years of war, strenuous alterations, economic downfalls and political oppression. The research will, therefore, assess how far the economy can decline.

Despite the loss of relative importance of the European nations such as Germany, their political, economic and social innovations influence the other nations in the globe to date. The approach I will be using in this research will include prominent ideologies and economic theories explaining the Great Depression in Germany. Basis will be laid on the causes, effects, and recovery as well the inclusion of an analytical approach on Germany as a European country, placing emphasis on how different phases of time came together during the epoch.

It will help unsnarl why European countries such as Germany have continued to impact and affect the lives of many individuals to the present day. The research aims to help understand the root initiators of the depression in Germany in the twentieth century, assess humanitarian suffering inflicted by the different government eras and the implications of the First World War on the economic situation in Europe as a whole. The role of women and household economics will be discussed further, and a great focus will be on Germany since it was one of the most affected countries.

 Primary Sources

Bernanke, Ben S. The macroeconomics of the Great Depression: A comparative approach. No. w4814. National Bureau of Economic Research, 1994.

Cole, Harold L., and Lee E. Ohanian. “New Deal policies and the persistence of the Great Depression: A general equilibrium analysis.” Journal of Political Economy 112, no. 4 (2004): 779-816.

Eichengreen, Barry, and Jeffrey Sachs. “Exchange rates and economic recovery in the 1930s.” The Journal of Economic History 45, no. 4 (1985): 925-946.

Holderness, Clifford G., Randall S. Kroszner, and Dennis P. Sheehan. “Were the good old days that good? Changes in managerial stock ownership since the great depression.” The Journal of Finance 54, no. 2 (1999): 435-469.

Kreyenfeld, Michaela. “Uncertainties in female employment careers and the postponement of parenthood in Germany.” European Sociological Review 26, no. 3 (2009): 351-366.

Romer, C. D. (1993). The nation in depression. Journal of Economic Perspectives, 7(2), 19-39.

Romer, Christina D. “The great crash and the onset of the great depression.” The Quarterly Journal of Economics 105, no. 3 (1990): 597-624.

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