29 oct. 1929 - Great depression

Description:

• Germany recovered from the Hyperinflation when Gustav Stresemann took over and implemented the Dawes and Young plan to stabilise Germany

• plans were dependant on American loans and in 1929 - Stock market in America crashed and America had to recall its loans from Germany.

• Great Depression where Germany suffered a very severe economic crisis. By 1932, 6 million people were unemployed - Weimar republic was unable to help the Germans

• Weimar Government could not take decisive action! Lost the support of the people. Looked to alternative parties like the Nazi Party and Communist Party.

-lasted very long. ppl affected most in the 1930s

Ajouté au bande de temps:

Date: