how did the great economic depression of 1929 affected the life of the people of Germany ? explain in detail in context of a 5 marker question.
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Great economic depression if 1929 affected the life of the people of Germany as:-
Explanation:
Great Depression lead to economic crisis of Germany. By 1932,industrial production was reduced to 40% of 1929 level. As a result,jobs were cut and many workers became unemployed.Wages of employement was also reduced.The savings of middle class and saleried
employees reduced due to the depreciation of Germany currency.The business of small business man suffered because the purchasing of people reduced.
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