Assertion: (A) The economic crisis in Germany in 1932 created deep anxieties and fears in people

Reason: (B) The middle classes, especially salaried employees and pensioners, saw their savings diminish when the currency lost its value.

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

Both (A) and (R) are true but (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

Germany experienced the worst economic crisis in the year of 1932. Many middle-class citizens, particularly salaried workers and pensioners, saw their savings evaporate as the currency's value fell. Employees were either paid less or lost their employment. Many small business owners, independent contractors, and retailers experienced financial devastation. The peasants suffered as a result of the abrupt drop in agricultural commodity prices.
Thus, both Assertion and Reason are true, and Reason is the correct explanation of Assertion.

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