Question

How colonies were not affected during great economic depression?

Answer 1

1. The Great Depression was triggered by a collapse in US share prices in 1929, after a decade-long economic boom.

2. It led to years of economic downturn in developed nations, as businesses closed or cut back by shedding workers.

3. Unemployment was the most noticeable effect of the Depression. In Germany, the Depression put six million men out of work.

4. The Bruning government failed to respond effectively, passing tax increases and cutbacks rather than spending.

5. Public dissatisfaction with the economic conditions and the government led to a dramatic increase in voter support for Hitler and the NSDAP, who became the largest party in the Reichstag.