The collapse of the Weimar Republic

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The great depression

Wall Street Crash in October 1929

  • The US stock market crashed
  • meaning no more loans were granted for Germany and the US loan banks wanted their laon paid back
  • dangerous for a country that was so dependent upon foreign loans for its 'shaky growth'
  • remeber that the Economy had never really recovered from the War and Hyperinflation.
  • Banks Closed
  • Firms went bankrupt 
  • exports fellt from £630 millionbin 1929 to £280million 1932
  • thousands of small family businesses and smaller farms went bankrupt
  • unemployment rose from 1.3 million in 1929 to over 6 million in 1933
  • The real Figure was even higher as the 6 Million did

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