Impact of Wall Street Crash Flashcards
1
Q
Loss of jobs
A
People lost their jobs as companies could no longer afford to pay them
2
Q
Loss of homes
A
People lost their homes as they could no longer afford to pay rent
3
Q
Poverty
A
Due to the rapid rise in unemployment, many Germans found themselves, and as many were poor they became sick
4
Q
Crime
A
Crime and suicide rates rose sharply and many lost hope
5
Q
Deserted democracy
A
People deserted the democratic parties in droves and turned to either the Communists or the Nazis
6
Q
High unemployment
A
High unemployment was a problem caused by the Wall Street Crash as many banks/businesses collapsed