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​

Answers

Answered by MOONALION
1

Answer: The Great Depression affected all capitalist economies in the world:

  1. American banks immediately withdrew the loans they had made to Germany.
  2. Businesses closed, unemployment rose and inflation was rampant.
  3. German money had so little value, that it might take a wheelbarrow full of notes to buy a few groceries!
  4. In Germany by 1932 industrial output fell to 40% of the 1929 level.
  5. As jobs disappeared unemployed youth took to criminal activities.

plz mark brainliest

Answered by Anonymous
0

refers to the attachment dear:-------

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