preview

How Did The Great Depression Affect Germany

Decent Essays

The Great Depression was a horrible time for the U.S,especially Texas. The Great depression was a time where the U.S became bankrupt and its states. The Great Depression started during the 1929s-42. In the Great Depression, banks were forced to closed all over the country. By 1933, 11,000 of the 25,000 total banks had closed. With all the banks failing combined with the confidence loss of the economy, the spending reduced with production which caused the downward spiral of the economy. The Great Depression did not only affect the U.S it affected Germany and Great Britain. The Great Depression involved of the Collapse of the World Trade.The US couldn't get its supplies from over countries because of the the collapse of world trade. Because

Get Access