AP European History / Unit 8: 20th-Century Global Conflicts
8.5 Global Economic Crisis
Notes
The Great Depression (1929) hit Europe hard, especially Germany (already damaged by hyperinflation in 1923). Unemployment and despair increased support for extremists.
Practice
German hyperinflation in 1923 was linked to:
Weimar Republic.
The Great Depression helped extremist parties by:
Nazis gained votes.
Keynes argued governments should fight depressions by:
Demand management.
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