Question

explain the impact of the great depression on the USA and what was it's impact on Germany​

Answer 1

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. ... The savings of the middle class and salaried employees reduced drastically due to the depreciation of the German currency.

Answer 2

The answer to the given question is written below.

• The Great Depression gave rise to the economic crisis in Germany.
• The production in the industries were reduced by forty percent by the levels of 1929.
• It gave rise to unemployment and jobs were also cut.
• The wages for those, employed were reduced.
• It caused bank failures in the United states as people were rushing to withdraw their money.
• The country experienced decline in the production.
• Thus, the Great Depression had devastating effects on the U.S. and Germany.