Question

Describe the effect of great economic depression in Germany?
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Answer 1

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• Great Depression led to economic crises in Germany.
• By 1932, industrial production was reduced to 40 percent of the 1929 level.
• As a result, jobs were cut and many workers became unemployed.
• The savings of the middle class and salaried employees reduced drastically due to the depreciation of the German currency.

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Answer 2

☘️ Answer :

• The German economy was the world's hit by the economic crisis.
• By 1932, industrial production was reduced to 40 per cent of the 1929 level.
• Workers lost their job or were paid reduced wages.
• The number of employed touched an uppreadented 6 million.
• On streets of Germany you could see men with placards around their neck saying. Willing to do any work.
• The youth to the criminal activities and took despair became common place