Question

how did the great economic depression of 1929-39 affect Germany

Answer 1

The German economy was the worst hit by the economic crisis. By 1932, industrial production was reduced to 40 per cent of the 1929 level. Workers lost their jobs or were paid reduced wages. The number of unemployed touched an unprecedented 6 million. On the streets of Germany you could see men with placards around their necks saying, ‘Willing to do any work’. Unemployed youths played cards or simply sat at street corners, or desperately queued up at the local employment exchange. As jobs disappeared, the youth took to criminal activities and total despair became commonplace. The economic crisis created deep anxieties and fears in people. The middle classes, especially salaried employees and pensioners, saw their savings diminish when the currency lost its value.

Answer 2

Answer:

Because of falling prices, those with fixed income- urban landlords who received rents, salaried employees, found themselves better-off. Everything costs less.