The Great Depression:(
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The Great Depression
was a severe worldwide economic depression sparked by the stock market crash of
1929 in the New York Stock Exchange. The Great Depression affected almost every
country. However, it affected Germany more as Germany was dependent on loans
and investments from the USA. When the USA suddenly asked the Loans and
deposits back from Germany Banks, it suffered an economic crisis which turned
into a social crisis. Factories were closed down which lead to millions of
people losing their jobs. By 1932, six million people or one-third of the
country were employed the Governments had to make cuts to social service.
Poverty, homelessness and even starvation were a common place.
Kids holding signs and begging Germany to give jobs to their fathers. Due to being jobless, families were poor and did not have money to buy food or provide shelters, therefore children were forced to hold up sings begging Germany to give their dad a job.
People were so poor that they could not provide food and shelter for
themselves. Therefore had no choice but to sell their own children because they
did not have money to take care of their children and themselves.
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