Europe 1933: Hitler Gains Power
The Great Depression that started in 1929, resulted in massive world-wide unemployment. Germany was especially hard hit, with 6 million out of work. Hitler exploited this situation to make his Nazi party the most popular in the country. In 1933, he was made Chancellor and set about solving the unemployment problem by rearmament.
22 Nov 1927 Italian defensive alliance with Albania▲
Italian defensive alliance with Albania
24-29 Oct 1929 Wall Street Crash▲
Between opening on 24 October 1929 (”Black Thursday”) and close on 29 October (”Black Tuesday”), the Dow Jones Industrial Average dropped in value from 305.85 to 230.07 in the most devastating stock market crash in United States history. The crash would bring an abrupt end to the Roaring Twenties and signal the beginning of the Great Depression.
30 Jun 1930 Last Allied troops leave Rhineland▲
Last Allied troops leave Rhineland
11 Dec 1931 Statute of Westminster▲
The Parliament of the United Kingdom passed the Statute of Westminster, establishing legislative independence of the self-governing Dominions of the British Empire from Britain. The act was effective immediately in Canada and the Union of South Africa, and was considered irrelevant by the Irish Free State. Of the remaining Dominions, Australia and New Zealand would ratify the act in the 1940s, while Newfoundland would never adopt it due to financial difficulties.
30 Jan 1933 Chancellor Adolf Hitler▲
In a coalition agreement between the National Socialist German Workers’ Party (NSDAP or Nazi party) and the German National People’s Party (DNVP), German President Paul von Hindenburg appointed Nazi leader Adolf Hitler as Chancellor of Germany. From here Hitler would move swiftly to consolidate absolute power.