WORLD HISTORY

Detailed explanation-1: -The most obvious consequence of this collapse was a huge rise in unemployment. 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.

Detailed explanation-2: -The conflict and its divisive peace left a legacy that helped give rise to totalitarian ideologies, like Communism, Fascism, and Nazism, and paved the way for World War II and the Holocaust. World War I led to the deaths of millions of soldiers and civilians.

Detailed explanation-3: -After the end of the First Word War, Germany was forced to accept loss of territory. Germany was forced to pay reparations for all the devastation caused in Belgium and France, and to the British. Germany’s military was reduced to 100, 000 troops. Therefore, the Treaty of Versailles was humiliating for Germany.

Detailed explanation-4: -In the years following World War I, there was spiraling hyperinflation of the German currency (Reichsmark) by 1923. The causes included the burdensome reparations imposed after World War I, coupled with a general inflationary period in Europe in the 1920s (another direct result of a materially catastrophic war).