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jan 1, 1921 - Great Depression

Description:

The Great Depression was a severe worldwide economic depression sparked by the stock market crash 1929. This hit Germany especially hard, as Germany dependent on the USA for loans and investments. By 1932, 6 million people were unemployed. The coalition government could not decide on their next course of action which angered the citizens who wanted a more decisive action to be taken. This resulted in a rise in support for more extreme parties, like the Nazi Party. (NSDAP)

Added to timeline:

Date:

jan 1, 1921
Now
~ 104 years ago