Like many other nations at the time, Germany suffered the economic effects of the Great Depression, with unemployment soaring after the Wall Street crash of 1929. When Adolf Hitler became Chancellor of Germany in 1933, he introduced policies aimed at improving the economy. The changes included privatization of state-owned industries, tariffs, and an attempt to achieve autarky (national economic self-sufficiency). Weekly earnings increased by 19% in real terms from 1933 to 1939, but this was largely due to employees working longer hours, while the hourly wage rates remained close to the lowest levels reached during the Great Depression.
Financial and Economy World conference opens (66 countries)
Like many other nations at the time, Germany suffered the economic effects of the Great Depression, with unemployment soaring after the Wall Street crash of 1929.
Historical Significance
Like many other nations at the time, Germany suffered the economic effects of the Great Depression, with unemployment soaring after the Wall Street crash of 1929.
Events Before
Jacob Coxey Sr. is chosen as the Mayor of Massillon, Ohio
Jacob Sechler Coxey Sr. (April 16, 1854 – May 18, 1951), sometimes known as General Coxey, was an American politician and perennial candidate.
Italian-American film director Frank Capra (34) weds second wife, American secretary Lucille Warner (29) in Brooklyn, NY
Italian-American film director Frank Capra (34) weds second wife, American secretary Lucille Warner (29) in Brooklyn, NYC, until her death in 1984
As a member of the gold medal-winning US four-man bobsleigh team at Lake Placid, Eddie Eagan becomes the only Olympian t
As a member of the gold medal-winning US four-man bobsleigh team at Lake Placid, Eddie Eagan becomes the only Olympian to win gold medals at both the Summer (boxing gold in Antwerp 1920) and Winter Games in different sports
Sydney Harbour Bridge opens in Sydney, Australia
The Sydney Harbour Bridge is a steel through arch bridge in Sydney, Australia, spanning Sydney Harbour from the central business district (CBD) to the North Shore.
"Grand Hotel" directed by Edmund Goulding and starring Greta Garbo and John Barrymore premieres in New York, includes th
"Grand Hotel" directed by Edmund Goulding and starring Greta Garbo and John Barrymore premieres in New York, includes the line "I want to be alone" (Best Picture/Production 1932)
Events After
Federal Deposit Insurance Corporation (US bank guarantor) comes into effect
Federal Deposit Insurance Corporation (US bank guarantor) comes into effect
American comedian and actor Lou Costello (27) weds American burlesque dancer Anne Battler (21)
Louis Francis Cristillo (March 6, 1906 – March 3, 1959), better known as Lou Costello, was an American comedian, actor and producer.
FDR devalues the US dollar relative to gold to $35 per ounce
FDR devalues the US dollar relative to gold to $35 per ounce
British-American entertainer Bob Hope (30) weds American singer Dolores DeFina (24) in Erie, Pennsylvania, until his dea
British-American entertainer Bob Hope (30) weds American singer Dolores DeFina (24) in Erie, Pennsylvania, until his death in 2003
"It Happened One Night" directed by Frank Capra and starring Clark Gable and Claudette Colbert opens at NY's Radio City
"It Happened One Night" directed by Frank Capra and starring Clark Gable and Claudette Colbert opens at NY's Radio City Music Hall (Academy Awards Best Picture, Director, Actor, Actress and Screenplay 1935)
More from the 1930s
birth
David McKee is born
David McKee, British writer and illustrator, known for british writer and illustrator, was born on 1935-01-02.
birth
Jim Bakker is born
Jim Bakker televangelist, known for american televangelist, was born on 1939-01-02. James Orsen Bakker is an American televangelist and convicted felon.
birth
Roger Miller is born
Roger Miller, American musician, known for american country musician, was born on 1936-01-02. Roger Dean Miller Sr.
Claus von Stauffenberg is promoted to Second Lieutenant
Claus Philipp Maria Justinian Schenk Graf von Stauffenberg was a German army officer who is best known for his failed attempt on 20 July 1944 to assassinate Adolf Hitler at the Wolf's Lair, part of...
Frequently Asked Questions
- What happened on June 12, 1933?
- Like many other nations at the time, Germany suffered the economic effects of the Great Depression, with unemployment soaring after the Wall Street crash of 1929. When Adolf Hitler became Chancellor of Germany in 1933, he introduced policies aimed at improving the economy. The changes included privatization of state-owned industries, tariffs, and an attempt to achieve autarky (national economic self-sufficiency).
- Why is Financial and Economy World conference opens (66 countries) significant?
- Like many other nations at the time, Germany suffered the economic effects of the Great Depression, with unemployment soaring after the Wall Street crash of 1929.