What were the challenges faced by German people?
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The challenges faced by the German people are :
workers lost their jobs where paid reduce wages the number of unemployed touch 6 million small businessman the self employed and retail is referred as their business got rid their field with fear of vaporization business washing crisis presently was affected by fall in price is positive political instability fall in agriculture prices of a large masses of the present in middle classes were allowed as their savings wear diminishing successive government could not provide stability by 1932 industrial production was reduced to 40% of 1929 .
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Three German Economic Challenges with European Effect
- Challenge 1: Wage growth and inflation. In Germany, the earnings that people take home each month are still growing pretty slowly. ...
- Challenge 2: Aging society, budgetary surplus.
- Challenge 3: More balanced savings and investments. ...
- European consequences.
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