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wall street crash
wall street crash, pre-existing problems, economic, human, politica impacts
| Question | Answer |
|---|---|
| when was the wall street crash | october 1929 |
| list 3 pre-exisitng economic problems germany had | -high unemployment - more imports than exports -government budget in deficit |
| what was the rate of unemployment in 1929 | 1.9 million |
| how long had the german government budget been in a deficit | since 1925 |
| name two reasons why germany was more impacted by the crash than other countries | -germany relied on debts from US under the young plan -global trade slump meant no exports |
| what was the global immediate impact of the wallstreet crash | great depression |
| list economic impacts of the crash in germany | -industrial produce falls -unemployment rises - no demand for german exports |
| how much did german exports fall in 1929 | 55 percent |
| what was the rate of unemployment by 1932 | 5.6 million |
| what was a consequence of high unemployment | more people of benefits |
| how much had industrial production fallen by 1932 | 48 percent |
| list 3 human impacts of wall street crash | -widespread poverty - loss of faith in weimar -widespread disease and malnourishment |
| what political effect of the crash benefitted the nazis | lack of faith in Weimar = increased extremism |
| why did the weimar republic lose the faith of its citizens when other democracies e.g. US, Britain, France didn't | Weimar republic was newer |
| what three things from the end of WW1 also contributed to a lack of faith in the Weimar government | -stab in the back myth -the treaty of versialles -institutions of gov =still loyal to the Kaiser |
| what economic impact of the crash happens in 1931 | 5 major banks close |
| how many businesses go bankrupt as a result of the crash | 50,000 |