Germany- effect of GD Flashcards
on the collapse on the 29th October 1929, how much did the value of the largest American companies drop by
$10 billion
when did the New York stock exchange experience worst fall in prices and what did this day become known as
24 October 1929- ‘Black Thursday’
how did the Wall Street Crash effect Germany’s loans
loans stopped with immediate repayment demanded
how much did Germany export trade decline between 1929-32
declined 61%
how did the value of German exports change between 1929 and 1932
1929- £630m
1932- £280m
how many major banks collapsed and how many businesses were bankrupted in 1931
5 major banks
50,000 businesses
how did unemployment change between 1929 and 1931
1929- 1 mill unemployed
1931- 1/3 of workers registered unemployed
what is the estimated number of unemployed by 1933
8 million
what was the town of Brand-Erbisdorff popular for
production of glass
what fraction of the population of Brand-Erbisdorff was unemployed after local glassworks closed
1/2
what complication was there with most of the unemployed in Brand-Erbisdorff
most had been out of work for at least 2 years so were ineligible for benefits
what were shanty towns
rough shelters built by poor in areas without food/water as temporary living spaces
which diseases in specific increased
diseases linked to poor nutrition (e.g tuberculosis/rickets)
what was the daily meal average
6 small potatoes, 5 slices of bread, a small cabbage and a knob of margarine.
describe the unemployment rates for youths aged 14-25 in Hamburg in 1933
males- 39%
females- 25.2%