Great Depression

 Why was Germany hit the hardest during the Great Depression? Germany was hit the hardest during the Great Depression because of the major factor, the Treaty of Versailles. It was supposed to settle outstanding disputes following the cessation of hostilities in World War I.  Germany reeled from the huge burden of reparations payments required of it as a condition of the treaty.

Explain what Germany had to agree to by signing the Treaty of Versailles? The three agreements of The Treaty required Germany to disarm, make ample territorial concessions, and pay reparations to certain countries that had formed the Entente powers. 

How was Aotearoa affected by The Great Depression? In New Zealand, the effects of the crash were not immediately apparent. But from 1930 export prices began to plummet, falling 45% by 1933. To a country overwhelmingly dependent on agricultural exports, this was devastating. Demand for their goods and services fell, as did the prices they charged.