الأزمة الاقتصادية العالمية و تأثيرها على ألمانيا 1929-1933

Abstract EN

In 1929, a severe global economic crisis occurred and hit the countries of the world with hard strikes.

This crisis began in the United States of America, where agricultural and industrial products increased to a very large extent and the US did not succeeded in distributing them in world markets, so the movement of industrial and commercial growth stopped and a major economic collapse occurred in the Wall Street Exchange and the rest of the countries around the world followed it.

So America demanded Berlin to return the money, it lent to them in order to face the crisis too, as well as France demanded that Germany had to continue paying compensation and the American funds was regained immediately what affected circles of financial business in German and the central bank of Germany was forced to use its reserve money and was unable to help other banks.

Number of them was forced to close their accounts and ended their business.

Unemployment increased as the factories had to lay off of many workers in the factories.

Until the number of unemployed was more than twenty million, as a result famine and demonstrations spread.

German chancellors failed in facing this volcano; the revolutionary economic crisis led to the downfall of the Weimar Republic in Germany.