USA stock market collapse


History-Germany (7. The Great Depression) Flashcards on USA stock market collapse, created by Emily Tisch on 05/12/2013.
Emily Tisch
Flashcards by Emily Tisch, updated more than 1 year ago
Emily Tisch
Created by Emily Tisch about 10 years ago

Resource summary

Question Answer
What was wrong about the prosperity in Germany in the 'golden years'? Prosperity was dependent on the USA.
What happened in the USA and when? October 29th 1929, the stock market collapsed.
What was the stock market collapse called? The Wall street crash.
What immediate reprecussions were there of the Wall Street crash ? Bankers and financiers in the USA recalled all the loans made under the Dawes Plan to Germany from 1924-9.
What happened to international trade? Began to contract and German exports fell rapidly in the years after 1929.
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