why was there anxiety and uncertainty about work after world war 1 ?
CLASS 10 HISTORY ( MAKING OF GLOBAL WORLD) PLEASE NO SPAM ANSWERS
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The First World War was a period of great turmoil in the world, particularly Europe. About 9 million people died and 20 million people were injured in the war. European cities and industries were devastated. Countries were heavily in debt. As a result, there was great anxiety after the war about economic recovery and prospect of finding employment.
Moreover, by 1929, the world was in the grip of the Great Depression. It started in the US with a fall in agricultural prices and a series of bank crises. The Great Depression caused very high levels of unemployment adding to the anxiety and uncertainty about work.
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The First World War was a period of great turmoil in the world, particularly Europe. About 9 million people died and 20 million people were injured in the war. European cities and industries were devastated. Countries were heavily in debt. As a result, there was great anxiety after the war about economic recovery and prospect of finding employment.
Moreover, by 1929, the world was in the grip of the Great Depression. It started in the US with a fall in agricultural prices and a series of bank crises. The Great Depression caused very high levels of unemployment adding to the anxiety and uncertainty about work.
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Answered by
6
Answer: The war had led to an economic boom - large increse in demand , production and employment.
When the war boom ended the production contracted and employment increased.
At the same time govt. reduced bloated war expemditures to bring them into line with peacetime revenues .
These development led to huge job loss in 1921.
Thus this created and anxiety and uncertainity about work after world war one
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