The Wall Street Crash 1929 Flashcards
(7 cards)
1
Q
When did The Wall Street Crash Start?
A
24 October 1929 - investors rush to sell shares
2
Q
Key money figures from WSC
A
$20000 to $1000 in a day
16 million shares were sold
Investors lost $4,000,000,000
3
Q
When was the Great Depression
A
1930
4
Q
Problems for Germany (WSC)
A
Streseman dies
America demands loans back
5
Q
Unemployment rates in Germany 1929-33
A
1929 - 1.3 million unemployed
1933 - 6.1 million unemployed
6
Q
Consequences of WSC
A
Unemployment benefits cut
Taxes raised
Savings lost
7
Q
Change in voting for extremist parties
A
1925 - 10% voted for KPD
1932 - 15% voted for KPD
People want change
Rich vote for NSDAP to stop KPD
