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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Answer: The Great Depression affected all capitalist economies in the world:
- American banks immediately withdrew the loans they had made to Germany.
- Businesses closed, unemployment rose and inflation was rampant.
- German money had so little value, that it might take a wheelbarrow full of notes to buy a few groceries!
- In Germany by 1932 industrial output fell to 40% of the 1929 level.
- As jobs disappeared unemployed youth took to criminal activities.
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