Question

what is the impact of great depression on german economy???????

Answer 1

The period of great depression is from 1929-1939.During this period the german government was hit hard by depression.Half of the population remains with starving every day.American loans to help rebuild the German economy now stopped.industries,mills were shut down in large scale.Unemployment soared.

Answer 2

Answer:

Explanation:

The Great Depression was a long and extensive economic crisis, affecting most developed nations in the early and mid 1930s. It was triggered by a stockmarket crash in New York City in 1929, then soon spread beyond the United States, crippling the economies of dozens of nations. The impact of the Great Depression was particularly severe in Germany, which had enjoyed five years of artificial prosperity, propped up by American loans and goodwill. Unemployment hit millions of Germans, as companies shut down or downsized. Others lost their savings as banks folded. The dire conditions of the early 1930s led many German voters to abandon mainstream political parties and look to more radical alternatives, such as Adolf Hitler and the Nazi Party.

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