Explain the impact of the economic depression on germany?

Question: Explain the impact of the economic depression on germany?

The Great Depression had a catastrophic impact on Germany, exacerbating the economic and social turmoil following World War I. The Wall Street Crash of 1929 triggered a global economic downturn, with Germany being one of the hardest hit. The country saw a dramatic increase in unemployment and poverty, with many workers facing wage reductions or job loss. Industrial production plummeted, and the middle class struggled as savings were devalued. This economic distress contributed to political instability, fueling the rise of extremist parties, including the Nazi Party, which capitalized on the widespread discontent to gain power. The repercussions of the depression in Germany not only shaped the nation's future but also had profound implications for international relations leading up to World War II.

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