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how was Germany affected by the wall street crash - Coggle Diagram
how was Germany affected by the wall street crash
Socially
they had no rest and had to constantly provide for their children and family
unequal
people are manipulating that others have places to stay and jobs into providing for them as well
Politically
chancellor raised taxes
did not want to print money as it would cause another large inflation
cut wages
reduced unemployment benefit
social democrats withdrew from the coalation
chancellor fell back which gave the president special powers in an emergency
Economically
buisnesses closed
farmers slowly slipping further into debt
over 50% of all Germans age 16 - 30 were unemployed :
60% of university graduates could not get a job
40% of all factory workers were unemployed by 1932
camps for homeless
soup kitchens
low wages