Tuesday, September 23, 2008
What Country's Economy Other Than Ours Suffered the Most?
The Weimer Republic of Germany suffered the most during the depression, as America's loans sent to aid in rebuilding the German economy now stopped. Unemployment skyrocketed, especially in larger cities, and the government steered toward extremism. Repayment of the war actions due by Germany were delayed in 1932 following the luassane conference of 1932. Germany had repaid 1/8th of the debts. Hitler came to power in January 1933. In 1934 the economy was still not stable enough for Germany to work on its own.
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