The Great Depression Flashcards

1
Q

When did Stresemann die?

A

3rd October 1929

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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

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3
Q

What was the Great Depression and what was it triggered by?

A

A worldwide economic recession triggered by the Wall Street Crash

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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.
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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
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