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The German economy was not 'in ruins throughout the 1930s'. Like most other countries it was hit by the Great Depression that followed the stockmarket crash of October 1929. It was affected more severely than, for example, Britain and for a while had an extremely high rate of unemployment in the early 1930s, like the U.S. By 1933 the economy was slowly picking up, thanks partly to measures initiated by the Weimar governments. After Hitler came to power in 1933 onwards the German economy received an enormous boost from rearmament. Unemployment fell and living standards rose, though there is disagreement about some of the details.
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What began the collapse of the German economy in the 1920s?
The collapse of the German economy in the 1920s was initiated by the severe reparations imposed by the Treaty of Versailles after World War I, which placed a heavy financial burden on Germany. The situation worsened with hyperinflation in the early 1920s, triggered by the government's decision to print money to pay reparations and support the economy. This led to the devaluation of the German mark, skyrocketing prices, and widespread poverty. The economic instability ultimately set the stage for the rise of extremist political movements, including the Nazis.
Is spending good for the economy?
Spending money is what defines an economy. If we were all self-sufficient, the economy would collapse.
What period did the US economy collapse?
The Great Depression
What type of economy does armenia have?
Armenia switched from a communist economy to a capitalist economy, as all the former Soviet states did after the collapse of the USSR.
Did the wall street stock market collapse of 1929 led to the great depression?
True
Did the collapse of the German economy led to the German surrender in World War 1?
Yes it did.
What began the collapse of the German economy in the 1920s?
The collapse of the German economy in the 1920s was initiated by the severe reparations imposed by the Treaty of Versailles after World War I, which placed a heavy financial burden on Germany. The situation worsened with hyperinflation in the early 1920s, triggered by the government's decision to print money to pay reparations and support the economy. This led to the devaluation of the German mark, skyrocketing prices, and widespread poverty. The economic instability ultimately set the stage for the rise of extremist political movements, including the Nazis.
What year did the market collapse?
AnswerThe stock market collapsed in 1929 at the peak of the Great Depression.AnswerOctober 1929.
When did the wall street stock exchange collapse?
October 1929.
The Treaty of Versailles contributed to the economic collapse of Germany by?
It made Germany pay a lot of money to the victorious countries, It was to the point that the German economy could not sustain itself.
Will the United States ever collapse?
Yes the economy of United States of America collapse.
Why did Congo's economy collapse?
the civil warfare
Why did the economy collapse after the stock crash?
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What did the election of William Mckinley lead to the collapse of?
The election of William Mckinley led to the collapse of the economy
Is spending good for the economy?
Spending money is what defines an economy. If we were all self-sufficient, the economy would collapse.
What period did the US economy collapse?
The Great Depression
What The collapse of the German allies led to the German surrender in World War 1?
True
