Germany and The Depression

Oct 1929- THE WALL STREET STOCK MARKET CRASHES
- German economy collapsed without American aid.
- Industrial production went into decline
- Mass unemployment-went from 1.6million to over 6 million
- Unemplyment benefits were cut-the economy could not afford to support large numbers. This made many Germans angry
The KPD (the Communist Party of Germany) was founded in December 1918 and its support increased as it believed in equality, representation of workers' need and making society more fair
- They competed with the Nazis. Some historians think the Nazi Party's rise to power wasn't guaranteed- in the 1930s, both left and right political parties increased in popularity in Germany
- In 1930 they had 13% of the votes and 15% in the July 1932 elections- however this was not enough to catch up with the…

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