When the Great Depression set on in 1930, Argentina's formerly prosperous economy neared collapse. Jose Uriburu, an ambitious general took control. He ordered a complete militarization of Argentina's economy. However, Uriburu died only two years into his presidency. Socialist forces quickly mobilized and established Arturo Jauretche as President. Attempting to boost low employment rates and lower the number of impoverished Argentinians, Jaurethce expanded the Argentinian government, nationalized certain industries, and sought close ties with the worlds' single communist nation, the German People's Republic. The alliance was formalized in the Treaty of Munich. This alliance was encouraged by the large German population in Argentina, and German agents in Argentina who sought to promote world