Wall Street Crash

After the Wall Street Crash in October 1929, American lenders demanded repayment and new lending dried up. German businesses lost access to money needed to keep operating. Falling demand at home and abroad also made it harder to sell goods.

After the Wall Street Crash in October 1929, American lenders began recalling loans. German banks came under pressure and demanded repayment from businesses. Firms that could not obtain money to keep operating reduced production or closed.