the Great Depression - 1923-32 Flashcards
Why did germany go into economic depresion?
October 1929 - american stock markets crashed and the US asked for all german loans to be paid back
When loans stopped the german economy colapsed
Outcome of the economic depresion
Middle and working class families where ruined Bussniesses closed down People across germany made unemployed
What was unemployment like durring the economic depresion
Unemployment was over 6 million
4 out of every 10 german worker had no job
Why was the great depresion a good thing for the nazis
Extreme partys became more popular due to governments failure to respnd to the problem.
Millions of germans where joining and voting for the party because they turned desparatly to polotitions who prommised an end to there hardship
How did the weimar government respond to the great depression?
Co olition government couldnt agree on what to do. Between 1930-2 there where 3 elections creating more instability
People lost faith in democracy