The Great Depression was particularly severe in Germany, which had enjoyed five years of artificial prosperity, propped up by American loans and goodwill.

Performance & security by Cloudflare, Please complete the security check to access. The investment bubble burst on Black Thursday, October 24th 1929, when share prices on the New York stock exchange plummeted. • Germany was, indeed, especially hard-hit by the Great Depression. Cloudflare Ray ID: 5ea217415c452f61

The Dow Jones, a statistic showing the average share prices of major companies, had peake… On two consecutive days in late October, the entire stock exchange lost almost one-eighth of its value. In … Germany suffered more than any other nation as a result of the recall of US loans, which caused its economy to collapse. Another way to prevent getting this page in the future is to use Privacy Pass. Your IP: 130.211.115.14 Completing the CAPTCHA proves you are a human and gives you temporary access to the web property.

This trend continued for three weeks. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. The Weimar Republic was established to govern Germany after its defeat in World War I (1914–1918). In 1929 as the Wall Street Crash led to a worldwide depression. • A major factor was the Treaty of Versailles, which was supposed to settle outstanding disputes following the cessation of hostilities in World War I.

You may need to download version 2.0 now from the Chrome Web Store. It ruled the nation from 1919 to 1933. Unemployment hit millions of Germans, as companies shut down or downsized. Others lost their savings as banks folded. The impact of the Depression on Germany In October 1929 the Wall Street Crash on the US stock exchange brought about a global economic depression. Share owners began panic-selling, which caused prices to drop further. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware.



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