Unemployment in the 1932 part 1

After the first world war Germany suffered from a not so stable economy. Germany was now facing inflation and things could not look good. In January 1921, there were 64 marks to the dollar. That soon had risen to 4,200,000,000,000 marks to the dollar in 1932. This would all soon be over when Charles Dawes presented an economic report to the Allied Reparation Committee. This report proposed a plan that would make it possible for Germany's state bank would soon stabalize and the promises would provide Germany with foreign loans. This new report was very successful and in 1924 the inflation had been soon brought under control. Soon all this good would come to an end in 1928 when the economy and unemplyment rate dropped 8.4 per cent of the workforce. Soon the people who once followed people like Adolf Hitler very unattractive. They decided to follow the democratic system as they proposed a different solution. As people thought things could not get worse things eventually did. In 1929, when the wall street crashed and Germany's economy dropped draumatically. Germany relied so much on The United States; and when they started to suffer Germany suffered worse then any other country. As a result from all of this the unemployment rate hit an all time low. Before the crash economists estimated the unemployment rate was around 1.25 million people, by the end of 1930 the figure reached 4 million. Even the people working suffered because most of them were only working part time.

Most people in this time did not want to see anything more happen to them. They wanted to believe that things would be okay. They wanted someone to save them. Will someone save them? Or will they be left in termoil. Find out next week what happens......