im doing this for a school project?

Question

i need some help i got this project i have to wright a paper over france in the great depression so is there any websites i can get some information ok thanks.

AND I ALSO NEED HELP WITH GERMANY IN THE GREAT DEPRESSION THANKS

Answer 1

" FRANCE DURING GREAT DEPRESSION "


1919-1925: The franc falls dangerously low in the early '20s. France must pass an austerity package to receive a loan from Morgan Brothers of the United States. Capital problems begin to dictate policies to the government, a phenomenon the left terms "the wall of money." The government aggravates the situation in 1925 when it puts more unbacked money into circulation than is legally permitted.

1926-1929: Capital floods back into France when Prime Minister Poincaré comes to office and moves away from socialism. After his reelection in 1928, Poincaré returns the franc to the gold standard at one-fifth its prewar value, attracting another wave of capital which provides an initial cushion against the Depression. The reevaluation eliminates the state debt to the Bank of France.

1930-1935: France feels the effects of the Depression in 1931 after the U.S. raises a tariff wall against European goods and Hoover announces a yearlong moratorium on German reparations. To preserve a sense of stability, France maintains the gold standard even as others abandon it. Stubborn defense of the franc leads to controversial tax increases, cuts in civil servant wages, and fuel price raises.

1936-1944: A devaluation of 25 percent fails to help the economy as it comes after a wage increase and a concurrent rise in prices. By 1937, gold reserves are low, and the market loses confidence in France. During the war, the Vichy government prints money to meet German demands, thus fueling inflation to 27 percent. Much of this money goes into a growing black market.

" GERMANY DURING GREAT DEPRESSION "

Suffering from the Great Depression, the harsh peace conditions dictated by the Treaty of Versailles, and a long succession of more or less unstable governments, the political masses in Germany increasingly lacked identification with their political system of parliamentary democracy. This was exacerbated by a wide-spread right-wing (monarchist, völkisch, and Nazi) Dolchstoßlegende, a political myth which claimed that Germany lost World War I because of the German Revolution, not because of military defeat. On the other hand, radical left-wing communists, such as the Spartacist League, had wanted to abolish what they perceived as "capitalist rule" in favour of a Räterepublik. Paramilitary troops were set up by several parties and there were thousands of politically motivated murders. The paramilitary intimidated voters and seeded violence and anger among the public, which suffered from high unemployment and poverty. After a succession of unsuccessful cabinets, President Paul von Hindenburg, seeing little alternative and pushed by right-wing advisors, appointed Adolf Hitler Chancellor of Germany on January 30, 1933.