how was the German economy the worst hit by the economic crisis
Answers
There were several characteristics which Germany possessed after the First World War which made them vulnerable to being manipulated by someone like Adolf Hitler. As in most nations, the economic factors of the time play a significant role in determining how a society will behave. Germany was economically devastated after a draining defeat in World War I. Due to the Versailles treaty, Germany was forced to pay incredibly sizeable reparations to France and Great Britain. In addition, the Versailles treaty, which many agreed was far too harsh, forced Germany to give up thirteen percent of its land.
Answer:
Hi there...
Good evening...
Here u go...
I'm writing in points...
The German Economy was the worst hit by the Economic Crisis because:
1. Germany had to pay war reparation compensation to the Allied Power and was on short term loans largely from USA.
2. When the Wall Street crashed, USA stopped giving loans to Germany.
3. The value of the Mark fell rapidly and the cost of goods were rising. This lead to hyperinflation.
4. When Germany refused to pay, France took its leading production land Ruhr.
5. Germany lost its overseas colonies, 13% of its territory, 75% iron and 26% coal to France, Denmark, Poland and Lithuania.
(NOTE: This answer was written by me for my Social Science Periodic Assessment 3 on 22nd January 2021, it was for 5 marks. I got full 5.)
Hope it helps you...
If it's correct, plz mark me as Brainliest.
Thx : )
Good day buddy ; )