0
Well, it certainly wasn't the only cause, but here's what happened.
After World War I, France (and other nations, but mainly France) got greedy. The French basically wanted to use the war as an excuse to destroy Germany (and therefore enhance France's power in Europe) by crippling it economically. Portions of German territory were seized by other nations, and Germany was saddled with a staggering debt for "war reparations".
The United States refused to sign the Treaty of Versailles (which contained these provisions) and had instead concluded a separate treaty with the Central Powers. The US was not interested in crippling Germany and in fact wanted Germany as a trading partner. In order to help Germany make the reparations payments with its weak economy after the war, the US loaned money to Germany.
Then came 1929 and the Stock Market crash. That ended the loans, and also dried up US markets for German goods, which was significant as the US was an important trading partner for Germany. US unemployment during the Great Depression was about 25%; German unemployment in the same period was around 33%.
Unemployed Germans, bitter about the terms of the Treaty of Versailles (which Germany had not even been allowed to participate in the negotiation of), were eager to follow anyone who promised a return to prosperity. The National Socialist Workers' Party did just that.
What else can I help you with?
What hurt the Weimar republic?
The crash of wall street
What was other names for the stock market crash?
It was known as the Crash of '29, Black Thursday, Black Monday, Black Tuesday.The nickname for the stock market crash is called Black Tuesday. This led to the Great Depression and happened in 1929.
What did Hitler do about the wall street crash?
Adolf Hitler did not directly respond to the Wall Street Crash of 1929, as it occurred before he came to power in Germany. However, the economic turmoil and resulting Great Depression created severe social and economic instability in Germany, which Hitler exploited to gain support for the Nazi Party. He promised economic recovery, employment, and national revitalization, which resonated with many Germans suffering from the aftermath of the crash. Once in power, his regime implemented policies that aimed to reduce unemployment and stimulate the economy, ultimately leading to militarization and preparation for war.
What is so important about october 24th 1929?
It was when the most devastating Wall Street Crash took place.
What state did the stock market crash of the 1929 take place?
The crash took place nearly simultaneously in every market on earth except Japan between October 24 and October 29. It's mostly associated with Wall Street as the US markets took the brunt of the impact. Wall Street is a road in New York City within New York state of the United States.
When did the wall street crash start an end?
when did the wall street crash start.
What name is often given to the wall street crash in 1929?
the wall street crash by any chance?
The Wall Street Crash of 1929?
what about it
What year was the Wall Street crash?
1929
Where did the stock market crash occur?
wall street.
What was the date of the wall street crash?
october, 1929
When did the wall street crash happen?
October 1929
What hurt the Weimar republic?
The crash of wall street
What impact did the wall street crash have on the economy?
hello
What year did Wall Street crash begin?
1929
What day of the week was the Wall Street Crash on?
The Wall Street Crash occurred on a Tuesday. It is most commonly referred to as Black Tuesday. It occurred on October 29th, 1929.
What was the effect of Wall Street crash on money?
Because of the crash of Wall Street most of the currency went down which basically is bringing the value of money down. Its as easy as that.
