Which country was hit most severely by the Great Depression?

Question

The Great Depression was a global affect, was it not? So which country had its economic rates go down the most?

Answer 1

Considering the country was already suffering *heavily* from the the terms of the Treaty of Paris (due to its part in Great War)---as well as from harassment from France---the Great Depression hit Germany harder than other countries. The state of the nation was so desperate that the country's volatile economic climate added support to National Socialism, and eventually the rise of the Third Reich.

Answer 2

While there was an unemployment rate of up to 25% in the United States that pales in comparison to what was going on in Germany after the Great War - World War I. Germany not only had a good part of its countryside and industrial capacity destroyed, it was also required to pay France and other countries huge amounts of money in punishment for fighting and losing the Great War.

On top of all of this, Germany had terrible unemployment, sometimes ranging as high as 50% or higher in places, and it was also burdened with massive inflation, sometimes reaching a thousand percent a year! What the USA experienced was nothing in comparison to Germany. To suggest the USA suffered the most once again shows out ego-centrism and also our lack of understanding as to what goes on in other countries. The real reason we hate to bring up Germany in this area is because of what they did in World War II. Granted! However, it doesn't change what they endured after the Great War.

Answer 3

The United States and Germany were both hard hit. The Great Depression began in the United States and quickly spread to Europe and every part of the world, with devastating effects in both industrialized countries and those which export raw materials. International trade declined sharply, as did personal incomes, tax revenues, prices and profits. Cities all around the world were hit hard, especially those dependent on heavy industry." I'm sure it was tough on all countries involved in WWII

Answer 4

Canada is generally believed to have been the hardest hit by the depression, as logging and mining areas suffered the most.
Also Australia and Germany suffered heavily. Germany because the loans from America dried up.
In America the depression lead to Roosevelt's new deal and in Germany it lead to Hitler.
The wartime economies of WWII put an end to the depression.

Answer 5

Germany. Not only did the Germans had to cope with the terms of the Treaty of Paris after World War I but also the global depression.

Answer 6

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Answer 7

Both Germany and the United States suffered a great deal. No country was entirely spared. But as bad as it was for Germany, since the U.S. supplied so much industry, goods and food for the world, you can say that the U.S. effect was worse for the world. However, it was worse for the individual in Germany.

Answer 8

Germany, It was Germany going Bankrupt that started the great depression. They government had to pay back the countries of Europe for the war thanks to the Paris peace conference and the Treaty of Versailles. Germany was forced to pay so much that their money became worthless. The Rich were using their money as wallpaper and people would take their paycheck at lunch to buy things before the money lost more of its worth.

Answer 9

Germany was hit worse than America

Inflation was so bad that if you stood in line for bread (which lines were very long) with just the right amount of money to buy one loaf, by the time you got to the front of the line, you no longer had enough money, because the price had risen 5 or 6 times while you were in line.

Answer 10

usa was most economically hit by The Great Depression