Social Sciences, asked by Prabhsharanjitsingh, 1 year ago

what were the effects on the great economic depression of 1929 to 32 on germany explain it in five points. Long please then I will mark that answer as brainliest​

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Answered by Akshat18401
2

Unemployment hit millions of Germans, as companies shut down or downsized. Others lost their savings as banks folded. The dire conditions of the early 1930s led many German voters to abandon mainstream political parties and look to more radical alternatives, such as Adolf Hitler and the Nazi Party.The German economy was not resilient enough to withstand significant withdrawals of cash and capital. Banks struggled to provide money and credit, and consumers lost confidence in them. In 1931 there were runs on German and Austrian financial institutions and several major banks folded.

Answered by sabbiralam45567
0

I hope my answer helpful to you

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