1. Write the results of the Great
Depression (1929-1932 AD.[3M] each.
Answers
Explanation:
* Economic crisis on germany hit the Economy of germany industrial pro duction was fallen up 40% in 1932 as compared to 1928.
* People lost their jobs or who had jobs worked for very low wages.
*As job disappeared, the youth took to criminal activities and total despair common place.
* Value of their savings decreased when the currency of germany lost its value.
* Many buisness, self employed and retailers suffered as their buisness got ruined.
* Prices of crop of peasants also fallen up and women was unabled to fill the children's stomach.
Explanation:
The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%.