Summary Unit 14: WWII and The Great Depression
The Great Depression was after WWI when the Germans and French were in debt because Germany needed to pay for Reparations for the French and the US. The French were in debt because they owed the Us for helping them out during the war. The economy for the US collapsed because of Over Speculation, Over spending, and people not spending money. Germany was in such a large dept that they Hyper Inflated.
|
Vocab:
|