Question

Explain world sreet exchange,daws plan and the Great Economic depression...... please as fast as possible....​from Nazim and the Rise of Hitler...

Answer 1

Explanation:

In October 1929 the Wall Street Crash on the US stock exchange brought about a global economic depression. In Europe, Germany was worst affected because American banks called in all of their foreign loans at very short notice. These loans, agreed under the Dawes Plan in 1924, had been the basis for Weimar’s economic recovery from the disaster of hyperinflation. The loans funded German industry and helped to pay reparations. Without these loans German industry collapsed and a depression bega