state the causes of great economic depression on Germany
Answers
Answer:
Another devastating factor contributing to Germany's economic collapse was the international trade war triggered by the passage of the Smoot-Hawley Tariff Act in the United States in 1930. ... No other World War I combatant nation so destroyed its currency. This factor alone would have produced a depression for Germany
Answer:
the great economic depression happened in USA. the question should be "what are the consequences of great economic depression in Germany"
ans ) the consequences of the great economic depression are:-
* The people became unemployed during the depression.
people became homeless and they don't have home to live so they were living in streets by paying. there were huge line in front of the government office.
* The Weimar republic began to print currency recklessly.
the state saw a change in currency value every year.
due to this the price of goods rose.
* USA was giving a short term loans to Germany to get out of the economical crisis created due to treaty of Versailles. After the great economic depression the USA denied to give short term loans. So Germany was wobbling in his legs during great economic depression in the world.