Causes of the Great Economic Depression

HealthyPrime avatar
HealthyPrime
·
·
Download

Start Quiz

Study Flashcards

10 Questions

What was a significant factor contributing to the start of the Great Economic Depression?

Withdrawal of short-term loans from the USA

How did the Great Economic Depression impact the national income of the USA from 1929 to 1932?

It fell by half

What was one of the social effects of the Great Depression on Germany?

Unemployment reaching an unprecedented 6 million

Which group was filled with the fear of proletarianisation during the Great Depression?

Small businessmen and retailers

What made the Weimar Republic politically fragile?

Proportional representation

How did unemployment impact workers during the Great Depression?

Weakened their bargaining power

What was one of the causes of the hyperinflation crisis in Germany in the 1920s?

Vast amounts of currency printing leading to a collapse in the value of the German mark

How did the Weimar Republic crush the uprising against Soviet-style governance?

With the help of a war veterans organisation called Free Corps

Why did revolutionaries and militant nationalists in Germany crave radical solutions during the crisis?

Due to the collapse in value of the German mark and soaring prices of goods

Which intervention helped Germany out of the hyperinflation crisis during the 1920s?

Dawes Plan introduced by the Americans

Learn about the factors that led to the Great Economic Depression, including the impact of the Wall Street Exchange crash, decrease in national income, and closure of factories and farms.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free

More Quizzes Like This

Use Quizgecko on...
Browser
Browser