Great Depression: Germany and the Depression: History: GCSE (9:1)

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14 Terms

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1928 election

The KPD (communist party) won 54 seats. The Nazi party won just 12.

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1930 election

The KPD (communist party) won 77 seats. The Nazi party won just 107.

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Wall Street Crash

In October 1929 a financial crisis hit America - businesses and banks closed, millions lost their jobs

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American loans

As the American banks were struggling, they asked German banks to repay the loans they had made to them from 1924

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German banks

Demanded the money be paid back from the businesses they had lent the money to. The businesses could not afford to repay the loans and closed.

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Trade with America

Americans had bought cars, electrical goods, equipment and clothing from Germany. When Americans lost their jobs and closed their businesses they stopped buying from Germany

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Great Depression

Was an international crisis sparked by the Wall Street Crash which led to business closures and mass unemployment in Germany, as well as other nations

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Muller

Chancellor in 1928. He was in charge of a coalition government with a majority, however, they were divided over whether to increase taxes to aid the unemployed and Muller called an election in 1930.

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Bruning

Chancellor 1930-32. His coalition government did not have a majority and were forced to rule by Presidential decree using Article 48 of the constitution.

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Bruning's priority

Was to stop reparations payments rather than aid the unemployed. This led many unemployed and desperate people to turn to extremist parties who promised jobs.

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Unemployment

Workers lost their jobs as businesses closed by 1933 there were 6 million people unemployed

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Youth

School leavers and university graduates could not find a job

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Homelessness

Families could not afford to pay their rent and were evicted

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Blame

People from both the left and the right of politics believed the government was responsible and some started to question the democratic Weimar system.