Question

analyse the impact of economic crisis 1929 on Germany

Answer 1

The government was unable to deal with the economic crisis left by the war. In 1923, France occupied the Ruhr Valley, the heartland of German industry, because Germany was unable to pay war reparations demanded by the Treaty of Versailles. ... The Great Depression affected all capitalist economies in the world

Answer 2

When the stock market collapsed on Wall Street in 1929, it sent financial markets worldwide into a tailspin with disastrous effects.

The German economy was hugely impacted since it was built upon foreign capital, mostly loans from America and was very dependent on foreign trade. When those loans suddenly came due and when the world market for German exports dried up, its industrial machine quickly grounded to a halt.

As production fell, workers were laid off. Banks failed throughout Germany. Savings accounts were instantly wiped out. Inflation soon followed making it hard for families to purchase expensive necessities with devalued money.

Overnight, the middle class standard of living  enjoyed  by them was ruined by events outside of Germany. The Great Depression began and they were cast into poverty and deep misery .