The Dawes Plan, established in 1924, aimed to ease the reparations burden on Germany after World War I by restructuring its debts and facilitating loans from the U.S. However, this reliance on American loans created a fragile economic situation; when the U.S. Stock Market crashed in 1929, it led to a withdrawal of funds and a collapse of the German economy. This financial instability not only deepened Germany's economic woes but also contributed to a global economic downturn, ultimately playing a role in the onset of the Great Depression.
The Great Depression
The Great Depression
1. How do you use major depression in a sentence? 2. An example of a major depression is the Great Depression of the 20th Century in the USA.
True, it was a cause of the Great Depression.
prices
Which combination of factors contributed most to the start of the Great Depression of the 1930's?
October 29, 1929
During the Great Depression, widespread unemployment and poverty led to food shortages and limited access to resources, causing many people to go hungry. This lack of nutrition and proper sustenance contributed to an increase in starvation deaths during that time period.
Postwar reparations led to hyperinflation and economic collapse in Germany.
Between the war and the depression everything is related and all matters.
they didnt contribute to it too much, the main reason for the great depression was the stock market crash followed by lack of job availability, and the presidents "New Deal" Sorry that I cant give you a direct answer, but they didnt effect the great depression too much
the caudillos established social programs to aid rising unempolyment.
the caudillos established social programs to aid rising unempolyment.
When stock prices fell, people did not have the money to cover their losses.
Where did the great depression.... WHAT???-The BOLD explainer ;)
WWI was a major cause of the Great Depression.
The Great Depression