The Great Depression

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Issue:

Miscellaneous

 

Written by:

Mia V

 

Date added:

January 10, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

14 / 3711

 

Was viewed:

5075 times

 

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Essay content:

By November 1923, $1 = 4.2 trillion Marks. ? Everything with German money is worthless and the German middle class is devastated ? German government was the Weimer Republic ? The people were already angry with their government over the Versailles Peace Treaty ? the collapse of the currency pushes people either far left or far right ? the Republic looks like it will collapse in fall of 1923 ? Communist uprising in November 1923 fails ? Nazi party attempts a coup in fall of 1923 but fails ? Britain and France see that it is impossible for the Germans to pay back their debts so, in 1924 the Dawes Plan is created by Germany ? Reconstruct German economy and set up a schedule to repay the Allies ? Used loans from the US to pay back Allies (problem) ? US banks cease giving loans to Germany, making it so Germany cannot pay back the Allies and now the allies cannot pay back the US ? Wages and industry in the 1920s...
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By November 1923, $1 = 4.2 trillion Marks. ? Everything with German money is worthless and the German middle class is devastated ? German government was the Weimer Republic ? The people were already angry with their government over the Versailles Peace Treaty ? the collapse of the currency pushes people either far left or far right ? the Republic looks like it will collapse in fall of 1923 ? Communist uprising in November 1923 fails ? Nazi party attempts a coup in fall of 1923 but fails ? Britain and France see that it is impossible for the Germans to pay back their debts so, in 1924 the Dawes Plan is created by Germany ? Reconstruct German economy and set up a schedule to repay the Allies ? Used loans from the US to pay back Allies (problem) ? US banks cease giving loans to Germany, making it so Germany cannot pay back the Allies and now the allies cannot pay back the US ? Wages and industry in the 1920s...
displayed 300 characters

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