The Great Depression led by the Wall Street crash 1929 in the United States, was a severe worldwide economic crisis that had a great effect on international trade, income, and profits. The Great …show more content…
Gustav Stresemann, chancellor and foreign minister of the Weimar republic (1924), had an objective to return Germany to its rightful position through tactics that differed from other extreme nationalist. During the Stresemann era it placed Weimar in a short period of success in foreign policy, a stable economy and a cultural revival. The Depression had a massive repercussion on Germany as Stresemann tackled problems by increasing in American loans to facilitate their prosperity, pay off their reparations and revive their economy. In 1929, the German economy was engulfed by the Great Depression and resulted in the rapid increase of unemployment due to Germany's dependence on foreign policy. “The outburst of the Depression in 1929 had a disastrous