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What was economy like before the Wall Street crash?

It was all peaches and cream -Ooh! What dream!


Why was the wall street crash important?

Because it devastated the economy and it was the key factor towards the beginning of the Great Depression.


What was the impact of the Wall Street crash on Germany?

The Wall Street crash of 1929 had a devastating impact on Germany, exacerbating the existing economic struggles from World War I and the Treaty of Versailles. The crash led to a withdrawal of American loans, which had been crucial for the German economy, resulting in widespread unemployment and social unrest. This economic turmoil contributed to the rise of extremist political movements, including the Nazi Party, as many Germans sought radical solutions to their dire circumstances. Ultimately, the crash deepened the economic crisis in Germany, paving the way for significant political and social upheaval in the years that followed.


What was the Impact of the Wall Street Crash of 1929?

The Wall Street Crash of 1929 had a profound impact on the global economy, triggering the Great Depression, which led to widespread unemployment, business failures, and a severe contraction in economic activity. It caused a loss of confidence in financial markets, resulting in bank failures and a decline in consumer spending. The crash also prompted significant changes in government policy and regulation, leading to the establishment of programs aimed at economic recovery and financial reform, such as the New Deal in the United States. Overall, the crash marked a turning point in economic history, reshaping financial systems and government intervention in economies worldwide.


In what year did wall street crash start great depression?

1929