The country worst hit by the great depression was Germany. Its very weak economy couldn’t deal with the slow withdrawal of American capital. It is worth mentioning that Germany was still paying reparation from World War One, which made its situation all the more precarious. Before the crash, the German economy had been balanced on a knife-edge and it only endured a few mildly successful years before the crash. Germany went through chaos after WW1 and suffered Hyperinflation in 1923. Germany was just getting back on her feet when Wall Street Crashed.

The Great Depression paved the way for Hitler and the Nazi’s to rise to power. Before the Wall Street Crash, the Nazi Party only held 12 seats in the Parliament. However in 1932, in the height of the great depression, the Nazi had 230 seats in the Reichstag.