OpenStudy (anonymous):
World history question PLEASE HELP! ( great depression)?
OpenStudy (anonymous):
What were the causes and effects of the German economic crisis of the 1920s and the global depression of the 1930s. Im studying for an exam and i need a little help.
OpenStudy (anonymous):
The Treaty of Versailles after world war one stated that Germany would pay, "compensation for all damage done to the civilian population of the Allied and Associated Powers and to their property during the period of the belligerency." This essentially amounted to 20 billion dollars. In 2010, Germany finished paying off loans that had been taken out during the 1920s to aid in making reparation payments. More than just Germany was found responsible for reparations to some degree. Germany was the only country wealthy enough to pay any reparations at all. Consider the disturbance the war caused to the productive capacity in all of Europe Russia and Japan.
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