describe any three effects of Great Depression on Germany


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1. Social Effect
World War 1 left a deep imprint on European society. Soldiers were placed above civilians. Politicians and media laid great stress on the need for men to be aggressive, strong and masculine. Aggressive war propaganda and national honor led to popular support for conservative dictatorships.

2. Political Effect
The birth of the Weimar Republic coincided with the revolutionary uprising of the Spartacist League on the pattern of the Russian Revolution. The political atmosphere in Berlin was charged with demands for a Soviet-style government. But the uprising was suppressed with the help of a war veterans organisations called Free Corps.

3. Economic Crisis
Germany had fought the war largely on loans and had to pay war reparations is gold. This depleted gold reserves. In 1923 Germany refused to pay so the French occupied its leading industrial area - Ruhr. Germany printed paper money recklessly. With too much printed money in circulations, the value of the German mark fell. In April the US dollar was equal to 24,000 marks; in August 4,621,000 marks; and in December 98,860,000 marks. This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.

 
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