Impact of the Wall Street Crash on Germany Flashcards

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1
Q

When was the wall street crash

A

1929

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2
Q

Why did it the wall street crash affect Germany

A

Germany relied on loans from America for its recovery, when the WSC happened America recalled all of its loans and Germany were forced into a depression

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3
Q

What happened to unemployment figures after the WSC

A

3.5 million in 1930
6 million in 1932

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3
Q

how were farmers, workers and the middle class affected

A

Farmers suffered from the decline in exports, could not sell goods
Workers suffered from unemployment
Middle class suffered from the failure of the banks meaning they lost all their savings

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4
Q

Who was the chancellor at the time of the WSC

A

Bruning

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5
Q

What nickname was given to Bruning and why

A

Hunger Chancellor
He wanted to cut government spending therefore starving the Germans of money

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6
Q

What happened as a result of Brunings ideas

A

Social democrats withdrew from Government
President Hindenburg stepped in and used article 48 to support Bruning
This made the Weimar republic appear democratic

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