Question

Explain impact of great economic depression in Germany?

Answer 1

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Germany had to face an economic crisis after the first World War. She suffered heavy loses in life and property in first world war. After the war many soldiers became unemployed. Trade and commerce were also ruined. The workmen were thorwn out of employment. In 1929 there was however a great slump in Europe. It effected Germany also. Germany was in the grip of unemployment and starvation. The prices rose and value of money declined. The Republic failed to solve economic crisis. Hitler took advantage of this situation. The Germans believed in hitler and his promises
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Answer 2

Answer:

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. Wages of the employed workers were also reduced.