The Wall Street Crash, 1929

The flashcards below were created by user crobertsonx on FreezingBlue Flashcards.

What happened in the USA during the Wall Street Crash?

the American economy suffered when many American companies went bankrupt
When was the Wall Street Crash?

October 1929
What did America do?

demand immediate repayment of all loans
Why did it seem like 1923 again in Germany?
- unemployment rises
- factories closed
- middle class owners& working class employees suffered
- food prices started to rise
Who was blamed for the discontent and poverty in Germany?

Weimar Government
How did the Wall Street Crash affect Germany?
- Workers were paid less but had to pay more taxes
- Unemployment benefit was cut
- The Government couldnt solve the increasing unemployment problem
- More people turned to the Communists or Nazis for help
Why was the Reichstag paralysed?
- coalition governments couldnt agree
- democracy appeared unable to run the country