what were the economic effects of the great depression on Germany?
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The economic situation in Germany briefly improved between 1924-1929. However,Germany in the 1920s remained politically and economically unstable. The Weimar democracy could not withstand the disastrous Great Depression of 1929. The disaster began in the United States of America, the leading economy in the world.
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The Great Depression was a severe worldwide economic depression in the decade preceding World War II.Great Depression had devastating effects in countries rich and poor. Personal income, tax revenue, profits and prices dropped, while international trade plunged by more than 50%. Unemployment in the U.S. rose to 25%, and in some countries rose as high as 33%.
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