Question

Explain tha impact of great economic depression on germany

Answer 1

Hi friend,

The German government was unable to deal with the economic crisis left by the war. Germany in the 1920s remained politically and economically unstable. The Weimar democracy could not withstand the disastrous Great Depression of 1929.

The American banks immediately withdrew the loans they had made to Germany to help improve its economic condition. Businesses were closed, unemployment rose and inflation became rampant.

German money had so little value or became so valueless that it might take a wheelbarrow full of notes to buy just a few groceries.

Hope it helps!

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.