what was the depression and its impact on germany Flashcards

1
Q

factories had to ____ because ___

A

shut down

their goods weren’t selling

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2
Q

american banks demanded ____

A

back the money they had lent to germany

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3
Q

extremist parties 1923-1929

A

people blamed the Weimar government

they listened to radical solutions promised by party leaders

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4
Q

what caused the depression?
summary
hint: america

A
  • america grows rich after ww1
  • some americans bought shares in companies with their leftover money to make a profit
  • some hopped onto the trend by borrowing money from banks
  • in oct 1929 the wall st crash happened
  • many people sold their shares but they wouldn’t sell for as much as they were bought
  • some couldn’t pay back the banks and were left ruined
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