Explain four cases of feat economic depression .I 1929 state any three consequences of the economic depression on Germany
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Great Depression was started in 1929 and ended in 1939. Great Depression was a period where the Economy of the world was declined. Factories stopped working and closed down. If the goods are produced then they were sold in very high price.Common people could not buy them.In this period the 25% people of America were unemployed and 33% people were unemployed in the world. Morever, great depression effected all parts of the world.
Factors led Great Depression :
》 The major cause of Great Depression was First world war. As the economy of the world declined due to the war.
》 The Economy was not secured.
》 The people were not aware about the Economy.
Great Depression in Germany :
Apart the other countries, Germany was hard hit by this depression. Germany experienced pauperisation. The youths in Germany started practising crimes. The people came to the street willing to do any work. The major consequence of Great Depression in Germany was the rise of Hitler and Nazism. This resulted second world war.
HOPE THIS HELPS U...
Great Depression was started in 1929 and ended in 1939. Great Depression was a period where the Economy of the world was declined. Factories stopped working and closed down. If the goods are produced then they were sold in very high price.Common people could not buy them.In this period the 25% people of America were unemployed and 33% people were unemployed in the world. Morever, great depression effected all parts of the world.
Factors led Great Depression :
》 The major cause of Great Depression was First world war. As the economy of the world declined due to the war.
》 The Economy was not secured.
》 The people were not aware about the Economy.
Great Depression in Germany :
Apart the other countries, Germany was hard hit by this depression. Germany experienced pauperisation. The youths in Germany started practising crimes. The people came to the street willing to do any work. The major consequence of Great Depression in Germany was the rise of Hitler and Nazism. This resulted second world war.
HOPE THIS HELPS U...
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