Assertion (A): The economic crisis had the biggest impact on the German economy.
Reason (R): Industrial production had fallen to 60% of 1929 levels by 1930.

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Both (A) and (R) are true and (R) is the correct explanation of (A)

Both (A) and (R) are true and (R) is not the correct explanation of (A)

(A) is true, but (R) is false

(A) is false, but (R) is true

answer is A.

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Detailed Solution

The worldwide effects of the Great Depression were felt starting from 1929 to the 1930s. The economies of the countries experienced a relative fall. One of the worst-hit countries was Germany. Germany was a developed country. However, by 1932, the industrial economy had shrunk to 40%. The employees were made to perform wage labour. There were around 6 million unemployed people. The workers stood in line at the job exchanges or waited on the sidewalks all day. Businessmen also turned them down. Similarly, the drop in agricultural prices had an equivalent impact on the peasantry.
Thus, both the Assertion and Reason are true, and the Reason is the correct explanation of the Assertion.

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