what was the depression and its impact on germany Flashcards
1
Q
factories had to ____ because ___
A
shut down
their goods weren’t selling
2
Q
american banks demanded ____
A
back the money they had lent to germany
3
Q
extremist parties 1923-1929
A
people blamed the Weimar government
they listened to radical solutions promised by party leaders
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