WORLD HISTORY

INTER WAR YEARS 1919 TO 1939

NAZISM IN GERMANY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was the unemployment figure in 1938?
A
200, 000
B
300, 000
C
400, 000
D
500, 000
Explanation: 

Detailed explanation-1: -In 1932, however, with the country mired in the depths of the Great Depression and some 15 million people unemployed, Democrat Franklin D. Roosevelt won an overwhelming victory in the presidential election.

Detailed explanation-2: -According to the literature on the subject, the possible causes of that recession were a contraction in the money supply caused by Federal Reserve and Treasury Department policies and contractionary fiscal policies.

Detailed explanation-3: -In the Weimar Republic, after the First World War, living standards were poor due to the economic difficulties which the country faced such as hyperinflation. After 1924, living standards started to improve mainly due to the position of Stresemann. Unemployment stood at 4% in 1924.

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