The Wall Street Crash Flashcards
1
Q
What was the ultimate effect of The Wall Street Crash on Germany?
A
Mass unemployment in Weimar Republic which led to the rise of the Nazis
2
Q
2 signs that there was a crash was coming?
A
- Too much food not being eaten so prices were decreasing
- Too much speculation in the stock market
3
Q
How many people did the crash leave unemployed in USA?
A
13million
4
Q
Name 4 causes for the Wall Street Crash
A
- USA loans to Europe were remembered
- Profits fell
- Banks went bust
- Large numbers of poor people worldwide
5
Q
3 Consequences of Wall Street Crash
A
- Mass unemployment
- Farmers couldn’t produce food
- Unable to repay bank loans
6
Q
When was the Wall Street Crash?
A
October 1929
