what were the effects of great economics depression on Germany
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Great Depression led to economic crises in Germany. By 1932, industrial production was reduced to 40 percent of the 1929 level. As a result, jobs were cut and many workers became unemployed. Wages of the employed workers were also reduced.
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Benefits From Eurozone Membership
Germany benefits from its membership in the EU and its adoption of the euro. ... That creates prosperity, giving German consumers more money to spend locally. As a result, the domestic market recently became a more significant driver of economic growth.
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