Why was Germany hit the hardest during the Great depression?
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. This mattered because it affected the whole world. Hitler quickly set about dismantling German democracy. Hitler and the nazi party thinks because they got hit the hardest that it was the Treaty of Versailles fault. Germany had 6 million people who were affected by the great depression whereas the US had 15 million people in 1932 as a percentage was it was 20 percent and german had 24 percent at the time. Hitler and the Nazi party thought this because before they signed this everything was alright to them but after they signed the treaty everything went downhill. 24 german 20 percent usa
Explain why Germany had to sign the Treaty.
The German Government had agreed to sign the Treaty of Versailles in June 1919 to make peace. This action was very unpopular in Germany. Enemies of the government used the treaty to claim that it had “stabbed Germany in the back” by ending the war. The treaty of Versailles gave germany. The Versailles Treaty forced Germany to give up territory to Belgium, Czechoslovakia and Poland, return Alsace and Lorraine to France and cede all of its overseas colonies in China, Pacific and Africa to the Allied nations.Germany lost 10 percent of its land, all its overseas colonies, 12.5 percent of its population, 16 percent of its coal and 48 percent of its iron industry. There were also the humiliating terms which made Germany accept blame for the war, limit their armed forces and pay reparations. The Treaty of Versailles is mostly fair to Germany. The treaty reduced Germany's army to 100,00 men, air force was no longer allowed, and only 6 capitals were permitted to have naval ships but no submarines.
How was NZ affected by the depression?
The great depression first started in the United States, then eventually reached New Zealand. For New Zealand, as for most of the world outside Russia, the great depression of the early 1930s was the most shattering economic experience ever recorded. Exports fell by 45 per cent in two years, national income by 40 per cent in three. The balance of payments was further weakened by the burden of interest on the overseas debt. new New Zealanders found themselves disillusioned by the appearance
in their adopted country of conditions they thought they had escaped from. We lost our money from overseas because other countries bought our Stuff. Unemployment rose to 12 percent of the registered workforce in 1933, and those lucky enough to keep their jobs often found their wages slashed by 20 percent. A series of unemployed riots rocked Auckland, Wellington and Christchurch in the first six months of 1932.
