Depression in Europe – 1930s

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German crowd around a bunch of loaves of bread

Germany during the Depression

After World War I, Europe was much poorer than it had been before the war. Many men had been killed in the war, and many houses and factories had been ruined. Then in 1929, there was an economic crisis too. A lot of companies went out of business, and then the people who worked for those companies were out of work.

Once people were out of work they spent less money in stores and restaurants, and many other companies went out of business because there weren’t enough customers.

In Germany, the depression meant that it was impossible for the government to pay off the money they had promised to pay to France after World War I. People got angrier and angrier about that money. They were more and more willing to support any way to get back at France – even another war.

World War II

Bibliography and further reading about the depression in Europe:

Russia

United States
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By |2017-08-05T11:17:58+00:00August 5th, 2017|History, Modern Europe|0 Comments
Cite this page: Carr, K.E. Depression in Europe – 1930s. Quatr.us Study Guides, August 5, 2017. Web. September 22, 2018.

About the Author:

Dr. Karen Carr is Associate Professor Emerita, Department of History, Portland State University. She holds a doctorate in Classical Art and Archaeology from the University of Michigan. Follow her on Instagram, Pinterest, or Facebook, or buy her book, Vandals to Visigoths.

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