Why was Germany hit the hardest by the great depression?
The great depression lasted from 1929 to 1939. This was the worst economic downfall in the world that we know. One of the most affected areas was Europe and Germany. Hitler and the Nazi party blamed the treaty of Versailles for this. The Great Depression Started in October 1929 which sent Wall Street into panic and wiped out millions of investors. Germany suffered the most out of any nation because of a result of the recall of the US-led and that caused the economy to collapse. 6 million Germans were unemployed during the great depression and 15 million us people were unemployed.
What did Germany have to agree to by signing the treaty of Versailles?
The Germans after the war were offered to sign a treaty, this treaty was the Treaty of Versailles. At first, the Germans didn't want to sign this treaty because it was made to take power away from Germany so they thought they just wouldn't show up to sign the treaty. When they did not show all the other countries that signed the treaty began to threaten them and said that if they didn't sign the treaty they would take over their land. The Germans ended up signing the treaty but they weren't happy especially because they had to pay off heaps of things and lose most of their army. The Germans were forced to reduce their army from six million all the way down to one hundred thousand. Germany also had to pay off all the damage from the war which would cost them 132 billion gold marks or 33 billion USD.
Nice blog post Ibrahim, you put a lot of detail into your paragraphs.
ReplyDeleteGood stuff mate! There's very decent ammount of good info about what The Great Depression was and how it affected the lives of many people.
ReplyDelete