HISTORY
WORLD WAR I AND THE RUSSIAN REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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There were too many jobs available
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Roads were destroyed
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Farms and factories were destroyed
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Inflation occurred
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Detailed explanation-1: -Which of the following was NOT a cause of the Great Depression? The Dust Bowl occurred during the Great Depression, and made it last longer, but it was not one of the causes.
Detailed explanation-2: -How Economic Turmoil After WWI Led to the Great Depression. World War I’s legacy of debt, protectionism and crippling reparations set the stage for a global economic disaster.
Detailed explanation-3: -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-4: -The speculative boom of the 1920s. Stock market crash of 1929. Oversupply and overproduction problems. Low demand, high unemployment. Missteps by the Federal Reserve. A constrained presidential response. An ill-timed tariff. 23-Jun-2022