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Wednesday, July 28, 2021

The Great Depression

 Great Depression of 1929 - 30


Germany was forced to agree to many terms laid out to them by signing the treaty of versailles. Germany was told to pay billions of dollars in reparations to the Allies when this happened millions of people lost  their jobs, factories closed down and the economy fell. This caused hyperinflation resulting in their german mark being labelled as worthless. This therefore supports the statement that Germany was hit the hardest by the great depression. 

1929 symbolised the start of a destructive era as a harsh treaty was forced upon Germany to take ownership of the detrimental war. .There were many terms however the most significant ones were the reparations, reduction in Germany's military and ownership of starting WW1. This therefore shows us the main terms Germany was forced to sign in the treaty of Versailles 1919.


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