How did Germany try to end the depression but failed

1 answer:

4 0

The Weimer government failed to effectively respond to the great depression, Normally government response to any recession is usually through a sharp increase of government spending to stimulate the economy. In March 1930, Bruning became chancellor and feared the inflation, budget deficit than unemployment implementing the spending reductions and wage acts. He also increased taxes to reduce the budget deficit. His policies were backed by the president Hindenburg.
The failure of these policies increased unemployment and public suffering which revived government instability.

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