THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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was unable to supply its citizens with enough paper currency.
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had to grant its colonies their independence because they were too expensive.
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was excused from having to make reparation payments to France and Britain.
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soon turned to fascist leaders who rallied the country around nationalism.
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Detailed explanation-1: -Over the winter of 1929-30 the number of unemployed rose from 1.4 million to over 2 million. By the time Hitler became Chancellor in January 1933 one in three Germans were unemployed, with the figure hitting 6.1 million. Industrial production had also more than halved over the same period.
Detailed explanation-2: -Answer: option C ia the correct answer. Explanation: After World War I, the allies made Germany pay 6 billion pound as the compensation as the loss they suffered during the war.
Detailed explanation-3: -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.
Detailed explanation-4: -World War I’s legacy of debt, protectionism and crippling reparations set the stage for a global economic disaster. World War I’s legacy of debt, protectionism and crippling reparations set the stage for a global economic disaster.