the great depression

• what was the great depression?


  worldwide economic depression from 1929-39
• how did the great depression effect germany?


  -America called in loans from Germany

  -Germany industry badly effected because German banks started recalling loans

  -industry and had less money and had to reduce production which led to unemployment
• what were the economical effects of the great depression?


  -40 percent drop in industrial product from 1929-1932

  -rapid rise in unemployment 1.3 mill 1929 to 6.1 mill 1933

  -benefits reduced

  -businesses closed down
• what were political effects of the great depression?


  -Reichstag couldn't agree on how to solve crisis

  -Weimar gov weakened and badly damaged by crisis

  -Germany faith in gov decreased