Great Depression Causes and Effects

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What was the primary cause of the economic crisis that led to the Great Depression in Germany?

Collapse of the German banking system

Overproduction and oversaturation of the market

Excessive government spending and budget deficits

Dependence on short-term loans from the USA (correct)

What was the immediate impact of the Wall Street Crash of 1929 on the global economy?

It caused a significant rise in unemployment and factory shutdowns worldwide

It triggered a massive sell-off of shares and a plunge in stock prices globally (correct)

It led to a sharp decline in international trade and exports

It resulted in a collapse of the German banking system and currency

How did the Great Depression impact the social fabric of Germany?

It led to a rise in criminal activities and despair among the unemployed youth

It caused a significant decline in the middle class and increased income inequality

It resulted in widespread homelessness and the formation of large queues for shelter

All of the above (correct)

What was the impact of the Great Depression on the US economy?

The national income of the USA fell by half between 1929 and 1932 Signup and view all the answers

How did the economic crisis of the Great Depression affect the German economy?

Industrial production in Germany was reduced to 40 percent of the 1929 level by 1932, and unemployment reached 6 million Signup and view all the answers

What event in September 1940 strengthened Hitler's claim to international power?

Signing of the Tripartite Pact between Germany, Italy, and Japan Signup and view all the answers

How did Hitler's attack on the Soviet Union impact the German western front?

Exposed it to British aerial bombing Signup and view all the answers

Which country inflicted a crushing defeat on Germany at Stalingrad?

Soviet Union Signup and view all the answers

Why did the USA initially resist involvement in World War II?

Economic problems from the First World War Signup and view all the answers

What led the USA to enter the Second World War?

The bombing of the US base at Pearl Harbor by Japan Signup and view all the answers

Which event heightened political radicalization in Germany in 1923?

The refusal to pay war reparations Signup and view all the answers

How did the occupation of Ruhr by France impact Germany's economy in 1923?

It triggered passive resistance and hyperinflation Signup and view all the answers

What was a consequence of the hyperinflation in Germany in 1923?

Rise in unemployment rates Signup and view all the answers

How did the economic crisis of 1923 impact the social fabric of Germany?

Resulted in widespread poverty and social unrest Signup and view all the answers

Which country experienced significant currency devaluation as a result of the economic crisis in Europe in 1923?

United States Signup and view all the answers

What was the primary reason for the resentment towards the Weimar Republic in Germany after World War I?

The Republic's responsibility for Germany's defeat and the harsh terms of the Versailles Treaty Signup and view all the answers

How did World War I impact Europe's financial status?

Europe transitioned from being a continent of creditors to debtors Signup and view all the answers

Which groups in Germany were targeted and referred to as 'November criminals' by conservative nationalist circles?

Socialists, Catholics, and Democrats who supported the Weimar Republic Signup and view all the answers

According to the passage, how did the First World War impact societal attitudes towards masculinity and aggression?

Politicians and media glorified trench life and stressed the need for men to be aggressive and masculine Signup and view all the answers

Based on the information provided, what was the reality of life for soldiers in the trenches during World War I?

Soldiers lived miserable lives, trapped with rats feeding on corpses, exposed to poisonous gas and enemy shelling Signup and view all the answers

What was the primary cause of the suffering experienced by small businessmen, self-employed, and retailers during the Great Depression?

The collapse of the New York Stock Exchange Signup and view all the answers

What was the impact of the Great Depression on the large mass of peasantry?

They were filled with a sense of deep despair due to the sharp fall in agricultural prices Signup and view all the answers

Which of the following was a defect in the Weimar Constitution that contributed to its instability?

The rule of coalitions, making it difficult to achieve a majority Signup and view all the answers

How did the Great Depression affect the bargaining power of organized workers?

It weakened their bargaining power Signup and view all the answers

What was the impact of the Great Depression on the USA's economy?

It led to the collapse of the New York Stock Exchange Signup and view all the answers

What was the primary cause of hyperinflation in Germany in the early 1920s?

The reparation payments imposed on Germany after World War I Signup and view all the answers

What was the Dawes Plan, and how did it impact Germany's economic situation?

It was a plan introduced by the Americans to restructure Germany's reparation payments, providing financial relief and easing the burden. Signup and view all the answers

How did the hyperinflation crisis in Germany impact the global economy and perception?

It evoked worldwide sympathy as images of Germans carrying cartloads of currency to buy basic goods were widely publicized. Signup and view all the answers

How did the political instability and economic crisis in Germany contribute to the rise of extremist ideologies?

It created an environment where both revolutionary groups and militant nationalists gained support, as people sought radical solutions to the crisis. Signup and view all the answers

What was the impact of the Great Depression on the United States, and how did it respond?

The United States implemented the New Deal, a series of economic programs and reforms to address the economic crisis and provide relief. Signup and view all the answers

Which of the following was a major factor contributing to the Great Depression?

All of the above Signup and view all the answers

What was the impact of the Great Depression on the world economy?

It caused a sharp decline in international trade Signup and view all the answers

How did the Great Depression affect social conditions in the United States?

It led to an increase in poverty and unemployment Signup and view all the answers

What was the effect of the Great Depression on Germany?

It contributed to the rise of the Nazi party Signup and view all the answers

How did the United States respond to the Great Depression?

It implemented a series of economic reforms known as the New Deal Signup and view all the answers

What was the impact of the Great Depression on international relations?

It contributed to the rise of nationalism and protectionism Signup and view all the answers

How did the Great Depression affect the global financial system?

It caused the collapse of the gold standard Signup and view all the answers

What was the social impact of the Great Depression in Germany?

It caused a decline in living standards and social unrest Signup and view all the answers

How did the Great Depression affect the global balance of power?

It led to the rise of the United States as a global superpower Signup and view all the answers

What was the impact of the Great Depression on the United States' political landscape?

It strengthened the two-party system Signup and view all the answers