how did the wall street crash affect German banks?
The money German banks had lost in their share investments panicked Germans into thinking their bank accounts would be wiped out
why did Banks like the german civil servant bank go bust?
so many people queued to withdraw their savings
what did demanding loans paid to german businesses lead to?
many cutting back production
what did the banking crash lead to?
unemployment as business started reducing costs by sacking workers
what did the growing number of unemployed lead to?
less can afford to buy things, cutting business profits even further and leading to further unemployment
how much did unemployment rise from september 1929 to the end of 1932?
1.3 million to over 6 million
how many percent of factory workers were out of work by january 1933?
40%
how many percent of people under 30 were out of work by january 1933?
50%
how many percent of university graduates were out of work by january 1933?
60%
what did increase in homelessness lead to?
the making of makeshiftshanty towns
what was the percentage increase of arrests for theft between 1929-32?
24%
by july1932, how many number of seats did the nazis have in the reichstag?
230
when and why did the grand coalition government collapse?
march 1930, over different views on how to deal with growing unemployment
the new government led by who, introduced what?
A new government led by Heinrich Bruning, leader of the Centre Party, introduced higher taxes and time limits on benefits to reduce their cost.
the new government led by who, introduced what?
A new government led by Heinrich Bruning, leader of the Centre Party, introduced higher taxes and time limits on benefits to reduce their cost.
why was bruning's proposal rejected by the reichstag?
Right-wing parties opposed higher taxes while left-wing opposed reduced benefits
what did the rejections of bruning's proposal lead to?
Bruning asking Hindenburg to use Article 48 to allow decrees passed by approval just of the President
why was bruning forced to resign?
he could not improve the economic situation
when was bruning forced to resign?
may 1932
how did communist support grow?
10% in 1928 to 15% by 1932
where was most of the communist support coming from?
working classes
how did the growth of communism help the nazis grow in popularity?
they were increasingly seen as the only defence against Communism by a frightened middle and upper class who feared their status and wealth would disappear under a Communist government.
What did the Weimar Republic seem to be during its time?