jan 23, 1929 - 1929: GREAT DEPRESSION - Dawes plan cancelled - Banks in Europe start to close - Unemployment soars - Production drops - Economic ruin to Germany * gives hitler great arguments to turn everyone agaisnt them Stock Market Crash (Great Depression) - Production had declined - Unemployment had risen - Stocks were left in great excess of their real value - Low wages - A struggling agricultural sector - An excess of large bank loans that could not be liquidated.
Added to timeline:
Date:
jan 23, 1929
Now
~ 96 years ago