The Great Depression is a bleak period between World War One and World War Two, and it took place on 29 October 1929, where a huge stock market crash signalled the collapse of the American economy, signifying a huge financial crisis. Thousands of people lose their savings overnight, and many businesses closed and unemployment rate was at a all time high.
This affect Germany greatly during that period, as the loans that Germany depended from USA dried up completely. Germany businesses could not pay for their workers or buy materials to make their goods, so many businesses were forced to close, causing millions of Germans to lose their jobs. Germany economy crash again and unemployment was again on the rise. They now could not afford to pay repartions due to the mounting economic debts they got.
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