Depression Flashcards

1
Q

Employment

A
  • 1921 -1.8% unemp
  • 1925 - 3.4%
  • 1926 - 10%
  • 1933 - 25%
    By the end of 1932 production levels were half of 1928 levels
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2
Q

Govt policies and party conflict

A
  • wages dropped by 30%
  • Parties refused to collaborate + govt collapsed
  • Reinstated govt under Bruning who wanted high tax and minimal govt spending which was rejected by the reichstag and Hindenburg had to rule by decree
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3
Q

Wages

A

Fell by 30%

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4
Q

Govt policies

A
  • hoover moratorium - suspended reparations for a year July 1931
  • trade unionists suggested job creation schemes like usa
  • Brunings policies didnt work and only deepened recession replaced by vonpap
  • govt given 500 million marks for job creation
  • govt unpopular
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5
Q

Living standards

A
  • high infant mortality
  • 90% children aged 6-2 in Berlin were undernourished
  • 8hr working day hut disappeared by 1924
  • 1925: 130k ppl were lodgers/ 44k were paying to sleep + ppl exploited
  • black market thrived
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