Question

Explain two causes of great economic depression .state 3 consequences of the economic depression on germany

Answer 1

Answer:

1)In Germany by 1932 industrial output fell to 40% of the 1929 . 2) Workers lost their jobs and were paid reduced wages. Number of unemployed touched an unprecedented 8 million. 3) German investments and industrial recovery leading to economic stability between 1924-1928 was built on short termloans largely from USA.

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