Between the wars - The Great Depression

15 important questions on Between the wars - The Great Depression

What was the cause of the economical crisis that broke out in the USA in 1929?

How easily you could get a loan

What happened on the Wall Street Crash of 1929

Stock market crash that started the Great Depression

What is the wall street crash of 1929?

black thursday; Stock market crash that started the great depression, october 24th 1929
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What is a Hooverville?

Shanty town in the USA built by homeless people during the Great Depression

How did the wall street crash of 1929 lead to the great depression?

- rapid sales caused the financial market to collapse
- people lost trust in economical growth; people didn't want to buy stocks and therefore the stocks had lost their value

What happened in the weeks after the wall street crash?

- Companies and industries went bankrupt; investments became worthless and fewer people bought their products
- employees were fired
- jobless Americans couldn't pay back the loans anymore

What was the Dawes Plan?

Plan of the Allies after WW1 to solve Germany's war reparation problem

What did Herbert Hoover (USA president 1929-1933) believe concerning the great depression?

That the government shouldn't intervene in economic affairs and that the economy could recover by itself

What were Germany's difficulties after WW1?

Governing their country, restoring the economy, treaty of Versailles

What did the Germans do when france and belgium invaded the ruhr area?

German workers went o strike and their government paid them with extra printed money, this lead to huge inflation, which means the german mark lost its value

What did the USA do to help Germany?

They ordered the french and Belgians to withdraw their armies to prevent an escalation of violence

What dit Americans do during the crisis?

They withdrew their money which caused German companies and banks to be bankrupted

The hatred for the treaty of versialles decreased during the great depression in germany
(true or false)

False, it increased

How did the communists and the Nazis rise?

because of the growing discontent about the Weimar government and a widespread feeling of insecurity

What did the communists and nazis revolt against?

The 2 political parties revolted against the Weimar republic

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