The impact of the Great Depression Flashcards
When was the Wall Street Crash?
October 1929
The Wall Street Crash led to ___ _____ ________.
The Great Depression
One result of The Wall Street Crash was that Germany had to ____ _____ _____ to the USA.
pay back loans
One result of The Wall Street Crash was that people had to ___ ______ _____ to the government.
pay higher taxes.
One result of The Wall Street Crash was that markets dried up because…
few people in Germany or other countries had enough money for German goods.
One result of The Wall Street Crash was that the government could no longer ______ _____ from the USA.
borrow money
The German government refused to print more money, so they had to _____ _____ instead.
raise taxes
One result of The Wall Street Crash was that German workers ____ _____ ____.
lost their jobs.
After The Wall Street Crash the German government was blamed for ________ __ ___ _____.
Depending on US loans.
One impact The Wall Street Crash has on German people was millions of workers and farm labourers ____ ____ ___.
lost their jobs.
One impact The Wall Street Crash has on German people was Banks ____ ____ and people ____ ____ ______.
went bust and people lost their savings.
One impact The Wall Street Crash has on German people was that young people were particularly affected by ___ _____.
job losses.
One impact The Wall Street Crash has on German people was that many families suffered ______ ______.
terrible poverty.
In 1928 there were __ million Germans unemployed. By 1932 this had risen to __ million.
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