Germany Exam Flashcards
When was the Wall Street crash
24 October 1929
What was the impact on the US of the Wall Street crash
Companies close, unemployment grew, banks stopped lending money and called in existing loans
Impact on Germany of the Wall Street crash
The recovery of the 1924-28 depression had been financed by US loans. America called back these loans. The US was also a major market for German goods
Between 1929 and 1932 how much did German exports drop
61%
Between 1929 and 1932 how much did industrial production fall by
58%
When did the Austrian bank collapse
May 1931. German banking system followed into crisis
In July 1931, how long did the government close banks and suspend the stock exchange
2 days
By 1932 how many of all German workers were unemployed (%)
1/3
How many people were unemployed in January 1933
8 million
What was the social impacts of the Great Depression
Unemployment overwhelmed the welfare budget
What did local authorities do by 1930 to state benefits
They were less generous and means tested
When did the grand coalition collapse and who led it
- Lead by muller
Who was in the grand coalition
Spd, ddp, z, dvp, bvp
When was the grand coalition formed
1928
What was the result of the depression in Germany
Tax receipts down and social welfare spending up
How did the right want to respond to the depression
Cut spending by reducing support for poor/unemployed
How did the left want to respond to the depression
Increase taxes to maintain support
What did the spd argue for as a result of the depression
Argue to protect benefits and raise taxes
What did the dvp argue for as a result of the depression
Argue to reduce benefits
How did muller respond to this deadlock
Resigned in march 1930
Who did hindenburg appoint after muller resigned
Heinrich bruning
What party was bruning from
Zentrum
When did brunings government begin and end
1930-1932
Who advised hindenburg to appoint bruning
Von Shleicher and Groener