4.1 How Did The Depression Affect Germany? Flashcards

1
Q

What caused the Depression in Germany?

A
  • America was rich after WW1 by selling goods such as cars and fridges
  • Some would buy shares in companies and businesses and borrow money from bank to buy shares
  • In October 1929 Wall Street Crash occurred
  • Prices dropped and people sold shares
  • They couldn’t pay banks back
  • Debt collectors took cars and homes
  • Firms went out of business and million lost their jobs
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2
Q

What impact did this have on Germany?

A
  • Americans bought items from Germany, Italy and Japan
  • The Depression meant they couldn’t afford these anymore
  • Foreign factories had to shut down
  • Many people in Germany became jobless because of this
  • American banks demanded all money lent to Germany back
  • Many business couldn’t pay up
  • Over 6 million unemployed
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3
Q

Depression

A

time during the 1930s when many banks and businesses failed and many lost their jobs

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4
Q

Wall Street Crash

A

time in October 1929 when millions of people tried to sell their shares in companies at the same time, resulting in a huge drop in share prices; many people lost a lot of money

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5
Q

radical

A

very different or extreme ideas or approach

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6
Q

assimilation

A

The process of becoming part of a group, country or society by taking its language, culture and customs so becoming like the majority of the people in that group

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7
Q

antisemitism def

A

hatred for or persecution of Jewish people as an ethnic, religious or racial group

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8
Q

How did unemployment change the way many Germans voted?

A
  • Millions blamed the Weimar Government
  • Listened to left wing(Communists) and right wing (nazis) who promised radical solutions
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9
Q

When was the Wall Street Crash?

A

October 1929

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