On October 29, 1929 there was a wall street crash in the United States that savaged through nearly the entire world’s economy.(source G) Countries had to slow down in the amount of goods imported into the land and famine soon spread around the world. Germany itself depended on loans from the United States and now it had to find a way to survive. With the Great Depression taking course in history, every country had to find money from wherever they could and survive with merely scraps. People lost their hope; suicide and crime rate skyrocketed and the Weimar leaders didn’t know what in the world to do. In addition to that, the US asked Germany to pay back all the loans they had borrowed.(source J) This meant that if Germany was on a tight budget, it was about to get worse. Government leaders soon came up with an idea that would handle their money in a smarter and more effective
On October 29, 1929 there was a wall street crash in the United States that savaged through nearly the entire world’s economy.(source G) Countries had to slow down in the amount of goods imported into the land and famine soon spread around the world. Germany itself depended on loans from the United States and now it had to find a way to survive. With the Great Depression taking course in history, every country had to find money from wherever they could and survive with merely scraps. People lost their hope; suicide and crime rate skyrocketed and the Weimar leaders didn’t know what in the world to do. In addition to that, the US asked Germany to pay back all the loans they had borrowed.(source J) This meant that if Germany was on a tight budget, it was about to get worse. Government leaders soon came up with an idea that would handle their money in a smarter and more effective