Question

Read the source given below and answer the questions that follows:

The years between 1924 and 1928 saw some stability. Yet this was built on sand. German investments and industrial recovery were totally dependent on short-term loans, largely from the USA. This support was withdrawn when the Wall Street Exchange crashed in 1929. Fearing a fall in prices, people made frantic efforts to sell their shares. On one single day, 24 October. 13 million shares were sold. This was the start of the Great Economic Depression. Over the next three years, between 1929 and 1932, the national income of the USA fell by half. Factories shut down, exports fell. farmers were badly hit and speculation withdrew their money from the market. The effects of this

ecession in the US cconomy were feli worldwide.


Answer the following MCQs by choosing the most appropriate option

1 German investments and industrial recovery were totally dependent on short-term loans, largely from the USA under an economic plan named as

A) Marshall Plan B Dawes Plan

C) Molotov Plan

D) None of the above

2 The economy was worst hit by the economic crisis during the years of economic

depression was

A) USA

B) Russia

C) Germany

D) Japan

3 The sections of society were filled with the fear of proletarianisation, an anxiety of

being reduced to the ranks of the working class was A) Salaried employees and Pensioners

B) Organised workers

C) Big business men

D) Small businessmen, the self-employed and retailers

4 Why was the Article 48 of the Weimar Repubile considered harmful the republic ? A) It gave too much power to the trade unions.

B) It gave the power to President to impose emergency, suspend fundamental Rights and rule by decree.

C) It provided a complex system of proportional representation

D)It prevented the Weimar Republic from forming a stable government.​

Answer 1

Answer:

1) option d

2)USA

3) option b

4) option d