wall street crash USA led to depression in germany Flashcards
(5 cards)
1
Q
When was the wall street crash and what did US banks do
A
1929- us banks called loans from germany
2
Q
what happened to business + industry after wall street crash
A
bankrupt business
declined industrial production
3
Q
by 1929 how many people were out of work
A
1.6 million by 1929
4
Q
how much were unemployed by FEB 1932
A
over 6 million
5
Q
by 1933 how many germans were unemployed
A
between ages of 16-30 years more then half were unemployed by 1933