What do you understand byunderstand by Wall - street Exchangecrash? Ho

1.	What do you understand byunderstand by Wall - street Exchangecrash? How did it hit the German Economy?2
Answer» Answer: In 1929 as the Wall Street Crash led to a worldwide depression. Germany suffered more than any other nation as a result of the recall of US loans, which caused its economy to COLLAPSE. Unemployment rocketed, POVERTY soared and GERMANS became desperate. ... Hitler quickly set about dismantling German democracy. Explanation: The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly HALF of America's banks had failed, and unemployment was APPROACHING 15 million people, or 30 percent of the workforce.

What do you understand byunderstand by Wall - street Exchangecrash? How did it hit the German Economy?2

Answer»

Answer:

In 1929 as the Wall Street Crash led to a worldwide depression. Germany suffered more than any other nation as a result of the recall of US loans, which caused its economy to COLLAPSE. Unemployment rocketed, POVERTY soared and GERMANS became desperate. ... Hitler quickly set about dismantling German democracy.

Explanation:

The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly HALF of America's banks had failed, and unemployment was APPROACHING 15 million people, or 30 percent of the workforce.

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