Economic depression in Weimar

Cards (5)

What was the Wallstreet crash
The collapse in the US stock market, when this happened the US banking system collapsed as did their economy
Why did the German economy collapse
US loans had stopped and US companies were no longer investing in Germany/American public were no longer buying European goods
How did unpopular economic policies weaken the Weimar government
The Weimar government had no idea how to deal with the depression
The Weimar government decided to raise taxes, cut wages and unemployment benefits
This angered ordinary people in Germany and turned them against the government
How did presidential rule weaken the Weimar government
The social democrats decided to leave the government because they didn't know what to do
President Hindenburg had to use Article 48 (Suicide clause) which allowed him to rule without parliament
How did the rise of Nazi/communist parties weaken the Weimar government
People turned to extremist groups to solve the problems of the Weimar government
Political violence increased as the two groups fought running battles against eachother