The Great Depression Flashcards
1
Q
When did Stresemann die?
A
3rd October 1929
2
Q
When was the Wall Street Crash and why did it have such a big impact?
A
29th October 1929: The US was europe’s bank and so the whole world was affected by the crisis
3
Q
What was the Great Depression and what was it triggered by?
A
A worldwide economic recession triggered by the Wall Street Crash
4
Q
What strains did the great depression have on the German government? (Give two)
A
- The government were blamed for depending on US loans
- Coalition government couldn’t decide on how to solve the crisis
- Government workers lost their jobs and wages were reduced.
5
Q
What impact did the great depression have on the German people? (Give two)
A
- Families suffered in poverty
- Taxes increased to pay back US loans
- By 1932 unemployment had reached 6 million
- Banks went bust - savings lost