RISE OF HITLER 1923-33 Flashcards
1
Q
Why did the wall street crash have such an affect on the German economy?
A
Reliant on foreign loans, particularly, from the US
2
Q
Before the crash, what had been rising in Germany?
A
Unemployment.
By 1929 it had reached 2.5 million
3
Q
What were the knock on effects of the rise of unemployment?
A
Demand for goods collapsed, resulting in more people losing their jobs.
4
Q
By 1932, how much of the German workforce were unemployed?
A
33%
5
Q
What happened to reparations during this depression period?
A
Agreed that there would be a one year suspension
