Question

what was the inpact of great economic depression on the economy of germany?

Answer 1

The economic system of Germany was badly affected
shortage of food

Answer 2

Impact of Great economic Depression on Germany

Explanation:

The great depression had affected the prosperity of Germany as it was mostly depended on the loans forwarded to it by America. After the depression, America stopped sending further loans and in turn called in the short-term loan they had already made. Economic depression impacted largely those countries which were heavily dependent on US economy.It had a catastrophic impact worldwide .Germany for instance, after the Ist World war sought short term loans from US for its recovery and indeed was totally dependent on it.fter the Great Depression, the economic condition of Germany was very adverse. There was rampant unemployment. The GDP had declined. People's standard of living had also declined. As a result, Germans lost confidence in the ability of the democratic Weimar republic to manage the economy.  

After the depression struck US, there was a withdrawal of US loans to other countries in Europe including Germany.  During the years of Depression, the banking system in the US collapsed. The banks could not recover loans from the domestic market, due to falling incomes of the households who could not repay back. Thus,banks went bankrupt, could not recover investments, collect loans and were forced to shut. This led to the withdraw of loans from the US banks.