Question

What were the effects of the economic crisis in germany?

Answer 1

The government was unable to deal with the economic crisis left by the war. In 1923, France occupied the Ruhr Valley, the heartland of Germanindustry, because Germany was unable to pay war reparations demanded by the Treaty of Versailles. ... The Great Depression affected all capitalist economies in the world.


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Answer 2

Heya

Here is your answer

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a) Germany was worst hit, industrial production was reduced to 40%.

b) Workers lost their jobs or were paid reduced wages.

c) Unemployed youth desperately queued up at the local unemployment  exchange and as jobs disappeared, they took to criminal activities.

d) The economic crisis created deep anxieties in people.

e) The middle class saw their savings diminish when the currency lost its value.

f) Small businessmen, self employed and retailers suffered as their business got  ruined.

g) Sections of society were filled with the fear odd proletarianization or  anxiety of being reduced to the ranks of a working class.

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