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How far can it be said that Nazi policies in Germany were more successful in reducing the effects of the Great Depression than the approaches taken by other European countries?
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How far can it be said that Nazi policies in Germany were more successful in reducing the effects of the Great Depression than the approaches taken by other European countries? Throughout 1929 and even some way into the 1930 few people appreciated that the world was on the point of experiencing one of the worst depressions in history (1914-1990 The European Economy pg63). The Great Depression began in 1929 in the United States and spread, affecting almost all of the countries in the world. It was a depression combining duration and great severity and it had a tremendous effect on Europe. By the mid-1930's most countries were in the midst of a deep depression. John Maynard Keynes called it "The Greatest catastrophe". Most countries initially continued in their 'laissez-faire' approach until literally forced to intervene and once they did intervene with one or two notable expectations, the intervention was orthodox. For example...
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