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Explain the 3 defects of the great depression on Germany

Posted by Rrrr Rrrr 4 years, 7 months ago

CBSE > Class 09 > Social Science

2 answers

Tanishq Singh 4 years, 7 months ago

The great economic depression on 1929 -1932 hit the german economy very badly .By 1932 industrial production was reduced to 40% of the1929 level.workers lost their jobs or were paid reduced wages.The number of unemployed touched an unprecedented 6 million. Unemployed youths placed cards or simply sat at street corners or desperately queued up at the local employment exchange .In dearth of jobs the youth took to criminal activities. The large mass of peasantry was badly affected by a sharp fell in agricultural prices and women ,unable to fill their children 's stomachs ,were filled with sense of deep despair.

1Thank You

Paranika Bhatnagar 4 years, 7 months ago

2Thank You

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CBSE > Class 09 > Social Science