the Great Gepression (jan 1, 1929 – jan 1, 0)
Description:
worldwide economic downturn Although it originated in the United States, the Great Depression caused drastic declines in output, severe unemployment, and acute deflation in almost every country of the world
direct impact on Germany was that the American money as an investment (the Dawes loan) has stoped so the feeling of recovery that was happening in 1924-25 came to an end
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