Depression Flashcards
1
Q
Employment
A
- 1921 -1.8% unemp
- 1925 - 3.4%
- 1926 - 10%
- 1933 - 25%
By the end of 1932 production levels were half of 1928 levels
2
Q
Govt policies and party conflict
A
- wages dropped by 30%
- Parties refused to collaborate + govt collapsed
- Reinstated govt under Bruning who wanted high tax and minimal govt spending which was rejected by the reichstag and Hindenburg had to rule by decree
3
Q
Wages
A
Fell by 30%
4
Q
Govt policies
A
- hoover moratorium - suspended reparations for a year July 1931
- trade unionists suggested job creation schemes like usa
- Brunings policies didnt work and only deepened recession replaced by vonpap
- govt given 500 million marks for job creation
- govt unpopular
5
Q
Living standards
A
- high infant mortality
- 90% children aged 6-2 in Berlin were undernourished
- 8hr working day hut disappeared by 1924
- 1925: 130k ppl were lodgers/ 44k were paying to sleep + ppl exploited
- black market thrived