world economic crisis

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4 Terms

1
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fundamental weakness in german economy before wall st crash

  • imbalance of trade

  • high unemployment

  • farmers facing debt and falling income

2
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human effects of the depression

  • winter unemployment reached 2 million and a year after saw rates of 3 million

  • unemployment rates do not convey extent of suffering

  • little demand due to reduced spending power

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political implications

  • depression increased instability of weimar

  • people showing increasing discontent

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evidence that Weimar Germany was already unstable and at risk of collapse

Britain and France were substantially less affected by the depression that Germany. They had a well established democracy and a self-sufficient economy