explain great economic depression and its impact
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☆The economic situation in Germany briefly improved between 1924-1929. However, Germany in the 1920s remained politically and economically unstable.
☆The Weimar democracy could not withstand the disastrous Great Depression of 1929.
☆The disaster began in the United States of America, the leading economy in the world.
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hope it helps!!!!
☆The economic situation in Germany briefly improved between 1924-1929. However, Germany in the 1920s remained politically and economically unstable.
☆The Weimar democracy could not withstand the disastrous Great Depression of 1929.
☆The disaster began in the United States of America, the leading economy in the world.
______
hope it helps!!!!
Answered by
22
The most devastating impact of the Great Depression was human suffering. In a short period of time, world output and standards of living dropped precipitously. As much as one-fourth of the labour force in industrialized countries was unable to find work in the early 1930s.
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