Question

How did the Great Depression affect Germany and the Soviet Union

differently?
O A. It popularized Keynesian economies in the Soviet Union, but not in
Germany.
B. It led to the establishment of a command economy in Germany,
but not in the Soviet Union.
O c. It created widespread unemployment in Germany, but not in the
Soviet Union
D. It contributed to the fall of democracy in the Soviet Union, but not
in Germany
No

Answer 1

In the Soviet Union, the Great Depression helped solidify Joseph Stalin's grip on power. In 1928, Stalin instituted a planned economy. His First Five Year Plan called for rapid industrialization and "collectivization" of small peasant farms under government control.

In 1929 as the Wall Street Crash led to a worldwide depression. Germany suffered more than any other nation as a result of the recall of US loans, which caused its economy to collapse. Unemployment rocketed, poverty soared and Germans became desperate.