The impact of the Great Depression

?

The Great Depression (1929-33) had a huge impact on Germany. Choking Germany's recovery, it massively increased the existing strains on the Weimar government.

Wall Street Crash, USA, October 1929

The Great Depression
A worldwide economic recession triggered by the Wall Street Crash

Impact on Germany

German businesses

  • They had to pay back loans to the USA and couldn't get new ones.
  • They had to pay higher taxes to the government.
  • The markets dried up, as few people in Germany or other countries had money to buy German

Comments

No comments have yet been made