History, asked by jokerboy12345, 1 year ago

What was the effect of the Wall Street crash on Germany?

Answers

Answered by yanasane
4
Because of the wall street crash ,the great depression was caused in USA and
therefore they stopped giving loan to Germany which caused them a huge loss
and they started printing many notes of their currency which resulted inĀ  the value of their currency being reduced causing hyperinflation; because of which people had to carry heavy trunks of notes to buy small things and they were left unemployed.It caused proleterainisation in people.people were homeless.
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